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Emerson Electric initiated with an Underweight at Morgan Stanley
The Fly

Emerson Electric initiated with an Underweight at Morgan Stanley

Morgan Stanley analyst Christopher Snyder initiated coverage of Emerson Electric with an Underweight rating and $105 price target. The firm, which forecasts just 2.5% organic growth in FY25 and 4.0% in FY26, notes that this trails the consensus view of about 5% in FY25-26, leaving it seeing a negative risk-reward with organic downside providing scope for negative revisions and capital deployment risk serving as an overhang on valuation.

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