Rockwell Automation Inc. (NYSE:ROK) ranks among the stocks to benefit from an onshoring boom. On July 15, KeyBanc maintained its Overweight rating on Rockwell Automation Inc. (NYSE:ROK) shares, while increasing its price objective for the company from $360 to $370. The firm was upbeat regarding the possible improvement in Rockwell’s fiscal third-quarter 2025 earnings.
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Rockwell’s margins are expected to improve, as evidenced by KeyBanc’s higher price target. The firm has also reduced its second-half 2025 tariff cost headwind forecasts from $125 million to $70 million.
Although second-quarter pricing actions were relatively low, the firm indicated that recent developments in the European Union and Asia could offer Rockwell Automation Inc. (NYSE:ROK) new options for tariff-related relief.
Rockwell Automation Inc. (NYSE:ROK) is a leading player in industrial automation and digital transformation. It offers solutions that assist manufacturers in improving process control, increasing efficiency, and optimizing operations.
While we acknowledge the potential of ROK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds
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