Emerson upgraded to Buy from Hold at Deutsche Bank Deutsche Bank upgraded Emerson citing valuation and the company's global and emerging markets exposures. The firm raised its price target for shares to $68 from $60.
Emerson downgraded at BofA/Merrill As previously reported, BofA/Merrill downgraded Emerson to Underperform from Neutral. The firm reduced forecasts below consensus based on expectations Process organic growth will decline in 2016 and 2017 and pressure the stock multiple. Price target lowered to $62 from $66.