Barclays lowered the firm’s price target on Emerson (EMR) to $99 from $105 and keeps an Underweight rating on the shares. The firm says short cycle industrial stocks “are starting to look more attractive” verses defensives, but adds that demand visibility is “very low.”
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Read More on EMR:
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- Emerson price target lowered to $105 from $110 at Barclays
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