Emerson price target raised to $145 from $130 at Stephens

Stephens analyst Tommy Moll raised the firm’s price target on Emerson (EMR) to $145 from $130 and keeps an Equal Weight rating on the shares as part of a Q2 earnings preview. The firm expects continued tariff uncertainty for the electrical equipment and multi-industry names, but with a more positive tone relative to Q1. Price realization is generally on-track while demand has held in better than expected, the analyst tells investors in a research note.