Mizuho Maintains Buy on Emerson Electric, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Brett Linzey has maintained a Buy rating on Emerson Electric (NYSE:EMR) and increased the price target from $130 to $135, indicating a positive outlook on the company's stock.
May 09, 2024 | 11:50 am
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Mizuho analyst Brett Linzey reaffirmed a Buy rating on Emerson Electric and raised the price target to $135 from $130, signaling confidence in the company's future performance.
The increase in price target by a reputable analyst like Brett Linzey suggests a strong belief in Emerson Electric's potential for growth and profitability. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100