BUZZ-Stephens raises Emerson Electric's PT on orders strength
Reuters
Feb 09
BUZZ-Stephens raises Emerson Electric's PT on orders strength
** Stephens raises price target on engineering solutions provider Emerson Electric EMR.N to $155 from $145, reiterates "equal-weight" rating
** New PT still represents a 1.5% downside to stock's last close
** Stephens notes solid recent order trends indicate momentum beyond FY26; increases its adjusted EPS projections to $6.48 for FY26 and $7.02 for FY27, from earlier estimates of $6.43 and $6.99
** Last week, the company posted higher Q1 profit and raised bottom end of its 2026 adjusted EPS forecast helped by strong demand for industrial automation equipment
** EMR gained 7.1% in 2025
(Reporting by Megavarshini G. Somasundaram in Bengaluru)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.