Research Alert: CFRA Upgrades Opinion On Shares Of Rok To Buy From Hold

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We upgrade our view on shares of ROK to Buy from Hold and adjust our 12-month target to $465 from $430, valuing shares at 34x our FY 27 EPS outlook of $13.69 (up from $13.47; FY 26 EPS view adjusted to $12.19 from $12.02), roughly in line with the company's long-term historical multiple average. Safety stockpiling of inventory amid tariff concerns and supply chain pressures has thrust the manufacturing sector back into expansion, with orders and production currently in a state of growth. Additionally, we believe that as reshored manufacturing capacity increasingly comes online, that capital investment will ramp up specifically for automation systems and controls. As demand recovery broadens out, we believe that pricing realization will accompany volume growth and drive earnings expansion into the double digits for FY 26 and FY 27. Outside of market dynamics, we anticipate internal efforts to enhance efficiency and cut exposure to lower value products will bear fruit over the next several quarters.

-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We upgrade our view on shares of ROK to Buy from Hold and adjust our 12-month target to $465 from $430, valuing shares at 34x our FY 27 EPS outlook of $13.69 (up from $13.47; FY 26 EPS view adjusted to $12.19 from $12.02), roughly in line with the company's long-term historical multiple average. Safety stockpiling of inventory amid tariff concerns and supply chain pressures has thrust the manufacturing sector back into expansion, with orders and production currently in a state of growth. Additionally, we believe that as reshored manufacturing capacity increasingly comes online, that capital investment will ramp up specifically for automation systems and controls. As demand recovery broadens out, we believe that pricing realization will accompany volume growth and drive earnings expansion into the double digits for FY 26 and FY 27. Outside of market dynamics, we anticipate internal efforts to enhance efficiency and cut exposure to lower value products will bear fruit over the next several quarters.