B of A Securities Maintains Buy on Emerson Electric, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin maintains a Buy rating on Emerson Electric (EMR) and raises the price target from $120 to $130.
March 04, 2024 | 12:42 pm
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on Emerson Electric and raises the price target from $120 to $130.
The increase in price target by B of A Securities reflects 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