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Emerson assumed with Buy from Hold at Jefferies

Jefferies analyst Stephen Volkmann upgraded Emerson (EMR) to Buy from Hold with a price target of $175, up from $160, after assuming coverage of the name. The firm says the company’s “strong” orders momentum should support an acceleration in its earnings growth from low-single-digits in the first half of the year to low-double-digits exiting fiscal 2026. In addition, Emerson has seen margin improvement, which will support higher valuation multiples, the analyst tells investors in a research note.

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