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Fly News Breaks for March 20, 2019
ROK
Mar 20, 2019 | 06:38 EDT
UBS analyst Peter Lennox-King downgraded Rockwell Automation to Neutral from Buy while raising his price target for the shares to $190 from $182. The analyst sees a balanced risk/reward profile given the company's "decelerating growth outlook." He believes decelerating industrial production activity will flow through to Rockwell's organic growth and earnings.
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