Oppenheimer raised the firm’s price target on Emerson Electric to $125 from $120 and keeps an Outperform rating on the shares. The firm continues to favor Emerson’s operating excellence and market positions amidst debate on returns profile for prospective consolidation of balance of AspenTech not owned.
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Read More on EMR:
- Emerson Electric initiated with an Underweight at Morgan Stanley
- Emerson Ventures invests in Symmera
- Emerson Electric downgraded to Neutral from Overweight at JPMorgan
- Emerson Electric reports Q3 adjusted EPS $1.43, consensus $1.42
- Emerson Electric price target lowered to $130 from $135 at Loop Capital