Emcor price target raised to $754 from $713 at Stifel

Stifel analyst Brian Brophy raised the firm’s price target on Emcor (EME) to $754 from $713 and keeps a Buy rating on the shares. The firm sees opportunity for its electrical and mechanical contractor coverage to outperform consensus expectations in Q4, noting that its survey work found that overall activity improved sequentially and was ahead of expectations, the analyst tells investors.