|
|
|
|
|||||
|
|
|
Emerson Electric Co. (NYSE:EMR) is one of the best industrial machinery stocks to buy according to analysts. KeyBanc maintained its Overweight rating on Emerson Electric Co. (NYSE:EMR) and raised its price target from $150 to $155 on July 1.
The update follows KeyBanc’s meeting with Mike Baughman, CFO of Emerson Electric Co. (NYSE:EMR), and the Investor Relations team at the company’s new Clayton, Missouri, corporate headquarters. Emerson Electric Co. (NYSE:EMR), having become a pure-play industrial automation behemoth, is seen by KeyBanc as “an underappreciated story” with robust growth prospects and improved profitability.
Following Emerson’s announcement of Project Beyond, KeyBanc was better able to understand the company’s long-term software plan. Emerson’s final transition from a one-third software mix to a two-thirds one is expected to take a decade, the firm stated.
Emerson Electric Co. (NYSE:EMR) is an American manufacturing company that provides products and services for consumer, business, and industrial markets. By purchasing well-known brand names, the company has expanded to become a significant player in industrial automation.
While we acknowledge the potential of EMR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds
Disclosure: None.
| Jul-11 | |
| Jul-11 | |
| Jul-09 | |
| Jul-09 | |
| Jul-09 | |
| Jul-09 | |
| Jul-09 | |
| Jul-08 | |
| Jul-08 | |
| Jul-07 | |
| Jul-02 | |
| Jul-02 | |
| Jul-01 | |
| Jul-01 | |
| Jun-30 |
Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.
Learn more about FINVIZ*Elite