Expert Ratings for Emerson Electric
Portfolio Pulse from Benzinga Insights
Emerson Electric (NYSE:EMR) received 9 analyst ratings in the last quarter with an average price target of $109.56, representing an implied upside from the current price of $85.841. The consensus among analysts appears to be more bullish, with 3 bullish and 4 somewhat bullish ratings, and no bearish sentiments. The average price target has increased by 5.14% from the previous target of $104.20.
November 10, 2023 | 4:00 pm
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POSITIVE IMPACT
Emerson Electric has a positive outlook from analysts with an average price target of $109.56, indicating a potential upside from its current price. The recent increase in the target price suggests growing confidence in the company's performance.
The positive analyst ratings and the increased price target for Emerson Electric suggest that the market's outlook on the company is optimistic. This could lead to a short-term increase in the stock price as investors react to the potential for growth implied by the analysts' assessments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100