Jul. 13 at 10:49 AM
$EMR Emerson price target lowered to
$170 from
$185 at KeyBanc
KeyBanc analyst Ken Newman lowered the firm's price target on Emerson to
$170 from
$185 and keeps an Overweight rating on the shares. Pre-earnings discussions indicate modestly improving business conditions despite tariff and geopolitical uncertainty, with companies expecting a gradual recovery that could drive stronger margins as volumes rebound due to leaner cost structures and greater automation, the analyst tells investors in a research note.