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Oppenheimer raises Rockwell Automation PT after Q2 results beat estimates

ReutersMay 8, 2025 11:06 AM

Oppenheimer raises Rockwell Automation ROK.N price target to $304 from $258, an upside of 9% to the stock's last close

Says co structurally improved Q2 earnings and optimistic about co's technology and deep domain expertise will shift towards higher connectivity

Adds unchanged organic growth outlook could allow for margin outperformance on potential price-volume tradeoffs related to tariffs

Research firm raises 2025 adj. EPS forecast to $9.72/share from $8.98/share

Rating unchanged at "outperform"

13 of 29 brokerages rate the stock "buy" or higher, 13 "hold" and 3 "sell"; their median PT is $295 - data compiled by LSEG

As of last close, stock had fallen nearly 1% YTD

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