Emerson price target raised to $169 from $161 at RBC Capital

RBC Capital raised the firm’s price target on Emerson (EMR) to $169 from $161 and keeps an Outperform rating on the shares after its Q2 results. Proactive cost management allowed management to raise the low-end of FY26 EPS guidance while assuming 1 percentage point of continued Middle East disruption, lowering organic sales guidance from 4% to 3%, the analyst tells investors in a research note.