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Analysts Offer Insights on Industrial Goods Companies: Emerson Electric Company (EMR), Bloom Energy (BE) and Cricut Inc (CRCT)

Analysts fell to the sidelines weighing in on Emerson Electric Company (Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Emerson Electric Company (EMR)

Robert W. Baird analyst Michael Halloran maintained a Hold rating on Emerson Electric Company on August 9 and set a price target of $100.00. The company’s shares closed last Wednesday at $87.54.

According to 9.8% and a 55.2% success rate. Halloran covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Evoqua Water Technologies, and Watts Water Technologies.

Emerson Electric Company has an analyst consensus of Moderate Buy, with a price target consensus of $92.64, implying a 4.9% upside from current levels. In a report released yesterday, Mizuho Securities also maintained a Hold rating on the stock with a $86.00 price target.

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Bloom Energy (BE)

In a report issued on August 9, Ben Kallo from Robert W. Baird reiterated a Hold rating on Bloom Energy, with a price target of $26.00. The company’s shares closed last Wednesday at $29.30.

According to 9.4% and a 58.7% success rate. Kallo covers the Basic Materials sector, focusing on stocks such as 5E Advanced Materials, Inc., Archer Daniels Midland, and Darling Ingredients.

Currently, the analyst consensus on Bloom Energy is a Moderate Buy with an average price target of $26.64.

Cricut Inc (CRCT)

Robert W. Baird analyst Mark Altschwager maintained a Hold rating on Cricut Inc on August 9 and set a price target of $8.00. The company’s shares closed last Wednesday at $7.06, close to its 52-week low of $5.88.

According to 5.0% and a 40.1% success rate. Altschwager covers the Consumer Goods sector, focusing on stocks such as Lulu’s Fashion Lounge Holdings, Lululemon Athletica, and Bath & Body Works.

The word on The Street in general, suggests a Hold analyst consensus rating for Cricut Inc with a $6.93 average price target, implying a -1.0% downside from current levels. In a report released yesterday, Goldman Sachs also maintained a Hold rating on the stock with a $7.00 price target.

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