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Analysts Offer Insights on Industrial Goods Companies: Rockwell Automation (ROK) and Bluelinx Holdings (BXC)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Rockwell Automation (ROKResearch Report) and Bluelinx Holdings (BXCResearch Report).

Rockwell Automation (ROK)

Loop Capital Markets analyst Chris Dankert maintained a Hold rating on Rockwell Automation today and set a price target of $277.00. The company’s shares closed last Tuesday at $267.30.

According to TipRanks.com, Dankert is a 4-star analyst with an average return of 8.4% and a 67.2% success rate. Dankert covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Emerson Electric Company, and Wesco International.

The word on The Street in general, suggests a Hold analyst consensus rating for Rockwell Automation with a $280.82 average price target, implying a 5.0% upside from current levels. In a report issued on November 2, Mizuho Securities also maintained a Hold rating on the stock with a $265.00 price target.

See today’s best-performing stocks on TipRanks >>

Bluelinx Holdings (BXC)

Loop Capital Markets analyst Jeffrey Stevenson reiterated a Buy rating on Bluelinx Holdings today and set a price target of $100.00. The company’s shares closed last Tuesday at $84.88.

According to TipRanks.com, Stevenson is a 1-star analyst with an average return of -7.1% and a 38.2% success rate. Stevenson covers the Industrial Goods sector, focusing on stocks such as Builders Firstsource, Core & Main, and TopBuild.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bluelinx Holdings with a $96.67 average price target, implying a 16.3% upside from current levels. In a report issued on November 2, Craig-Hallum also maintained a Buy rating on the stock with a $90.00 price target.

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