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Emerson downgraded to Equal Weight from Overweight at Wells Fargo

Wells Fargo analyst Joseph O’Dea downgraded Emerson (EMR) to Equal Weight from Overweight with a price target of $140, down from $150, as part of a Q3 earnings preview. The firm sees the company’s near-term lacks catalysts with a “downsized” exit rate growth in fiscal 2025 and tough margin compares in the first half of 2026. Valuation expansion for Emerson “likely needs earnings revision help,” the analyst tells investors in a research note.

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