- Analysts raised the price target on Emerson Electric Co (NYSE:EMR) post Q1 results.
- Morgan Stanley analyst Joshua Pokrzywinski raised Emerson Electric Co's (NYSE:EMR) price target to $108 (an upside of 11.3%) from $102 and maintained an Equal-Weight rating on the shares.
- Credit Suisse analyst John Walsh raised the price target to $112 (an upside of 15.4%) from $111 and kept an Outperform rating on the shares.
- Related: Emerson Electric Reports 8% Sales Growth In Q1; Raises FY22 Guidance.
- Citi analyst Andrew Kaplowitz raised the price target to $123 from $120 and maintained a Buy rating on the shares.
- Kaplowitz mentions the company's "strong" Q1 earnings and a raised fiscal 2022 outlook is supported by recent order momentum and highlights Emerson's solid positioning for sustained earnings growth runway in a recovering global economic environment.
- Price Action: EMR shares are trading lower by 0.45% at $97.13 on the last check Thursday.
