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Fly News Breaks for October 15, 2018
ROK
Oct 15, 2018 | 08:43 EDT
As reported previously, Cowen analyst Joseph Giordano downgraded Rockwell Automation to Underperform from Market Perform. The analyst cited heightened geopolitical risks, evidence of moderating trends, and key macro indicators with seemingly little room to the upside, and waning estimate momentum. Giordano lowered his price target to $150 from $175 on Rockwell Automation shares.
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