Oppenheimer Maintains Outperform on Emerson Electric, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Christopher Glynn maintains an Outperform rating on Emerson Electric (NYSE:EMR) but lowers the price target from $125 to $120.

August 08, 2024 | 12:18 pm
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Oppenheimer analyst Christopher Glynn maintains an Outperform rating on Emerson Electric but lowers the price target from $125 to $120.
The Outperform rating suggests continued confidence in Emerson Electric's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100