Morgan Stanley Maintains Underweight on Emerson Electric, Raises Price Target to $135
Morgan Stanley analyst Chris Snyder maintains Emerson Electric (NYSE:EMR) with a Underweight and raises the price target from $125 to $135.
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Emerson Electric secures a 13-year agreement with Equinor to supply global measurement tech, boosting asset reliability and efficiency.
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Morgan Stanley analyst Chris Snyder maintains Emerson Electric (NYSE:EMR) with a Underweight and raises the price target from $125 to $135.
Honeywell Technologies and Emerson Electric are compared as industrial automation leaders. HON faces near-term headwinds from weak Process Automation demand, rising costs, and elevated debt ($31.5B), though Building and Industrial Automation segments show strength with 9% and 4% organic revenue growth respectively. EMR demonstrates broader momentum with 6% underlying sales growth, strength across power, LNG, aerospace, defense, and semiconductor markets, and strategic acquisitions enhancing its AI and software capabilities. Despite HON's Strong Buy rating, EMR appears the better investment choice given stronger recent stock performance, improving earnings outlook, and healthier end-market demand.
DA Davidson analyst Chris Dankert maintains Emerson Electric (NYSE:EMR) with a Neutral and raises the price target from $145 to $155.
US strikes on Iran near the Strait of Hormuz sent WTI crude up 5.4% to $90.38. Seven energy stocks rallied and the 10-year yield hit 4.80%.
Finn Bjørn Ruyter is stepping down from Equinor's board effective September 1, 2026, to focus on his role as CEO of Hafslund and other board positions. The company also announced a share buy-back program and a cash dividend of NOK 3.6882 per share for Q1 2026.