Emerson shares attractive after pullback, says Oppenheimer After Emerson reported in-line Q2 EPS, Oppenheimer thinks the stock's risk/reward is positive in light of its orders momentum. The firm keeps a $77 price target and Outperform rating on the stock.
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.