Following these transactions, Viera's direct ownership stands at 1,059 shares. The sales were part of a plan to cover taxes due on restricted stock units that vested on December 4.
Following these transactions, Viera's direct ownership stands at 1,059 shares. The sales were part of a plan to cover taxes due on restricted stock units that vested on December 4.
Following these transactions, Viera's direct ownership stands at 1,059 shares. The sales were part of a plan to cover taxes due on restricted stock units that vested on December 4.
In other recent news, Rockwell Automation (NYSE:ROK) has experienced noteworthy developments. Barclays (LON:BARC) recently upgraded the company's stock from Underweight to Equalweight, citing potential growth due to the political landscape. In addition, the firm raised its price target for Rockwell Automation shares from $255 to $290.
Baird also raised its price target on Rockwell Automation shares to $305, maintaining an Outperform rating. However, Goldman Sachs maintained its Sell rating on the shares with a price target of $250, expressing concerns about the company's ambitious goals for order acceleration in the first half of 2025.
Rockwell Automation reported a challenging fiscal year in 2024, with a 9% decline in sales to $8.3 billion. The company's fiscal 2025 guidance indicates a potential sales range between a 4% decline and a 2% increase, with a 10% growth in annual recurring revenue and a target of $250 million in cost savings. Despite these challenges, the company expects a gradual improvement in sales through fiscal 2025 and anticipates more mega project orders in the coming fiscal year.
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