Morgan Stanley Maintains Overweight on Emerson Electric, Raises Price Target to $116
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Raskin has maintained an Overweight rating on Emerson Electric (NYSE:EMR) and raised the price target from $107 to $116.
August 04, 2023 | 1:38 pm
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Emerson Electric's price target has been raised from $107 to $116 by Morgan Stanley, which maintains an Overweight rating on the stock.
The raised price target and maintained Overweight rating by Morgan Stanley indicates a positive outlook for Emerson Electric. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100