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JPMorgan Raises Rockwell Automation, Inc. (ROK) Price Target to $251, Maintains Underweight Rating Amid Focus on AI-Driven Solutions for Industrial Efficiency

By Yahoo! Finance   |   Oct 11, 2024 at 10:32 PM EST
JPMorgan Raises Rockwell Automation, Inc. (ROK) Price Target to $251, Maintains Underweight Rating Amid Focus on AI-Driven Solutions for Industrial Efficiency

The AI landscape is evolving rapidly, with a focus on cloud-based AI services and a surge in investments. Edge AI, running algorithms on personal devices, is emerging. Semiconductor advancements are expected to support running AI models on devices, opening new opportunities for investors in consumer electronics.

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