HSBC Upgrades Emerson Electric to Buy, Announces $100 Price Target
Portfolio Pulse from richadhand@benzinga.com
HSBC analyst Michael Hagmann has upgraded Emerson Electric (NYSE:EMR) from Hold to Buy, announcing a $100 price target.
June 15, 2023 | 8:15 am
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Emerson Electric (NYSE:EMR) has been upgraded from Hold to Buy by HSBC analyst Michael Hagmann, with a $100 price target.
The upgrade from Hold to Buy by HSBC analyst Michael Hagmann indicates a positive outlook for Emerson Electric. The $100 price target suggests potential upside for the stock, which could lead to short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100