Loop Capital Maintains Buy on Emerson Electric, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Chris Dankert has maintained a Buy rating on Emerson Electric (EMR) and increased the price target from $130 to $135.
May 10, 2024 | 10:25 pm
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Loop Capital's analyst Chris Dankert reaffirmed a Buy rating on Emerson Electric and raised the price target from $130 to $135, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong confidence in Emerson Electric's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100