Emerson price target raised to $116 from $103 at Barclays
The Fly

Emerson price target raised to $116 from $103 at Barclays

Barclays raised the firm’s price target on Emerson (EMR) to $116 from $103 and keeps an Equal Weight rating on the shares post the fiscal Q4 report. The shares could see a positive reaction with the Aspen Technology (AZPN) deal soon to be out of the way, an in-line Q1 guide, and amid negative investor positioning, the analyst tells investors in a research note.

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