Rockwell Automation, Inc. (NYSE:ROK) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 3,110,000 shares, an increase of 50.2% from October 31st. Approximately 2.8% of the shares of the company are sold short. The short-interest ratio is currently 4.0 days. Several equities research analysts have commented on the stock. Robert W. Baird raised their price target on shares of Rockwell Automations from $290.00 to $305.00 and gave the company an outperform rating. Other institutional investors and hedge funds have also increased their stakes in the company.
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