This Rockwell Automation Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

Jefferies analyst Stephen Volkmann downgraded Rockwell Automation, Inc. (NYSE: ROK) from Buy to Hold and reduced the price target from $490 to $380. Rockwell Automation shares closed at $348.51 on Monday. This downgrade is part of a broader trend, as several analysts have adjusted their ratings on various companies, including Phreesia, Inc. and Centessa Pharmaceuticals plc.