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Investorman

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Re: MrBankRoll post# 459

Monday, 07/13/2009 12:49:22 PM

Monday, July 13, 2009 12:49:22 PM

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J.P. Morgan Chase upgrades Rockwell Automation
By Steve Gelsi ROK

(MarketWatch) -- J.P. Morgan Chase on Monday upgraded shares of Rockwell Automation to overweight from neutral. Analysts lifted their price target on the stock to $35 a share from $29 a share. "While we may be early, bearish Street sentiment and an end to the negative earnings revision cycle in coming months should limit downside, while we see the potential for material longer-term upside," analysts said.
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