Barclays lifts Rockwell PT on growth opportunities

Rockwell Automation

09/07/2025 13:37

** Barclays lifts Rockwell Automation PT to $370 from $350, rating unchanged at 'overweight'

** New price target shows an upside of 9.4% to stock's last close

** Says co sees strong momentum as the programmable logic controller (PLC) market rebounds from a weak 2024, bringing high-margin growth opportunities

** Adds co more focused on improving margins, which have been flat for years, as this could become a new driver of upside

** Expects co to revise estimates and post positive results in Q3

** Average of 30 brokerages rate the stock equivalent to 'hold', median PT is $343.50- data compiled by LSEG

** As of last close, stock had risen 18.3% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))