Wells Fargo Maintains Overweight on Emerson Electric, Lowers Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea maintains an Overweight rating on Emerson Electric (NYSE:EMR) but lowers the price target from $137 to $128.
August 08, 2024 | 1:12 pm
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Wells Fargo analyst Joseph O'Dea maintains an Overweight rating on Emerson Electric but lowers the price target from $137 to $128.
The Overweight rating suggests a positive outlook, 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