Emerson Electric Company (NYSE:EMR) was upgraded by equities
research analysts at Goldman Sachs Group, Inc. (The) from a “sell” rating to a
“neutral” rating in a research note issued on Friday.
EMR has been the subject of several other research reports.
HSBC Holdings plc initiated coverage on Emerson Electric Company in a research
report on Friday, October 7th. They issued a “reduce” rating for the company.
Vetr upgraded Emerson Electric Company from a “strong sell” rating to a “sell”
rating and set a $47.31 price objective for the company in a research report on
Monday, October 10th. Zacks Investment Research upgraded Emerson Electric
Company from a “strong sell” rating to a “hold” rating in a research report on
Wednesday, October 19th. Bank of America Corporation upgraded Emerson Electric
Company from an “underperform” rating to a “neutral” rating and lifted their
price objective for the company from $45.00 to $60.00 in a research report on
Monday, January 9th. Finally, Buckingham Research upgraded Emerson Electric
Company from an “underperform” rating to a “neutral” rating in a research
report on Tuesday, December 13th. Five analysts have rated the stock with a sell
rating, twenty have issued a hold rating and two have given a buy rating to the
company’s stock. The stock presently has an average rating of “Hold” and an
average target price of $51.56..
Source: American Banking and Market News
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