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Fly News Breaks for July 22, 2019
Jul 22, 2019 | 09:31 EDT
Cleveland Research analyst Matthew McCann lowered his Q3 earnings estimate for Rockwell Automation on a lower sales and margin assumption following his North American discrete automation survey. The survey highlighted competitive pressure, particularly from Siemens, becoming a growth headwind for the first time, added McCann, who has a Neutral rating on Rockwell shares.
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