Barclays Reinstates Equal-Weight on Emerson Electric, Announces $105 Price Target
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Julian Mitchell has reinstated Emerson Electric (NYSE:EMR) with an Equal-Weight rating and announced a $105 price target.

August 28, 2023 | 8:42 am
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Emerson Electric has been reinstated with an Equal-Weight rating by Barclays, with a price target of $105.
The reinstatement of Emerson Electric by Barclays with an Equal-Weight rating and a price target of $105 indicates a neutral outlook for the stock. This could potentially influence investors' decisions, but it's not necessarily indicative of a significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100