BUZZ-BMO initiates coverage on US industrial manufacturers, lifts long-term outlook** BMO initiates coverage on U.S.-based industrial manufacturers Eaton ETN.N, Emerson EMR.N and Ametek AME.N
** Brokerage rates Eaton and Ametek "outperform" and Emerson "market perform"
** Sets PT of $428 for Eaton, $150 for Emerson and $253 for Ametek
** Says spending on AI, power, aerospace and infrastructure will continue to drive industrial growth and long-term, high-margin opportunities
** Adds deep backlogs and sustained capex across key industrial end-markets support growth visibility beyond 2026
** As of last close, the S&P 500 Industrials index .SPLRCI up 4% YTD
(Reporting by Apratim Sarkar in Bengaluru)
((Apratim.Sarkar@thomsonreuters.com))
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