JP Morgan Upgrades Emerson Electric to Overweight, Raises Price Target to $107
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Stephen Tusa has upgraded Emerson Electric (NYSE:EMR) from Neutral to Overweight and raised the price target from $83 to $107.
August 22, 2023 | 9:51 am
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POSITIVE IMPACT
Emerson Electric's stock has been upgraded by JP Morgan from Neutral to Overweight, with a raised price target from $83 to $107.
The upgrade from JP Morgan is a positive signal for Emerson Electric. The raised price target indicates that the analyst sees potential for the stock's price to increase in the short term. This could lead to increased investor interest and potentially a rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100