RBC Capital Maintains Outperform on Emerson Electric, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains an Outperform rating on Emerson Electric (NYSE:EMR) and raises the price target from $106 to $120.
February 08, 2024 | 3:03 pm
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RBC Capital analyst Deane Dray maintains an Outperform rating on Emerson Electric and raises the price target from $106 to $120.
The increase in price target by RBC Capital indicates a positive outlook on Emerson Electric's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100