Citigroup raises Rockwell Automation's PT on demand for end markets

Citigroup raises Rockwell Automation's ROK.N PT to $466 from $439, maintains "buy" rating

New PT an upside of 15.3% to stock's last close

Citigroup sees solid demand across ROK's end markets and enhanced product offerings driving continued topline growth, despite lingering uncertainty around customers' capex spending

Sees ROK benefiting from a durable U.S. automation up-cycle, supported by domestic and advanced manufacturing initiatives

Fifteen of 29 brokerages rate the stock "buy" or higher, 13 "hold" and one "sell"; their median PT is $396.1, according to data compiled by LSEG

Including session's move, ROK up 41.8% YTD