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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100