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Emerson price target raised to $157 from $150 at JPMorgan

JPMorgan analyst Stephen Tusa raised the firm’s price target on Emerson (EMR) to $157 from $150 and keeps a Neutral rating on the shares. The firm adjusted ratings and targets in the electrical equipment and multi-industry group as part of its Q4 earnings preview. JPMorgan is more positive on “growth related names into and out of the quarter.”

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