Keybanc Initiates Coverage On Emerson Electric with Overweight Rating, Announces Price Target of $120
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Ken Newman has initiated coverage on Emerson Electric (NYSE:EMR) with an Overweight rating and a price target of $120.
October 03, 2023 | 9:06 am
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Emerson Electric has received an Overweight rating from Keybanc with a price target of $120.
The Overweight rating from Keybanc indicates a positive outlook for Emerson Electric. The price target of $120 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100