Close

Emerson Electric (EMR) to Acquire Pentair's (PNR) Valves & Controls Business in $3.15B Deal

Go back to Emerson Electric (EMR) to Acquire Pentair's (PNR) Valves & Controls Business in $3.15B Deal

Buckingham Research Downgrades Emerson (EMR) to Underperform

August 19, 2016 8:03 AM EDT

Buckingham Research downgraded Emerson (NYSE: EMR) from Neutral to Underperform with a price target of $44.00.

For an analyst ratings summary and ratings history on Emerson click here. For more ratings news on Emerson click here.

Shares of Emerson closed at $54.67 yesterday.

... More

UPDATE: Credit Suisse Downgrades Emerson (EMR) to Neutral

August 19, 2016 6:38 AM EDT

(Updated - August 19, 2016 10:48 AM EDT)

Credit Suisse downgraded Emerson (NYSE: EMR) from Outperform to Neutral with a price target of $57 (unchanged). The change follows news it will acquire Pentairs Valves & Controls business for $3.15 billion. Analyst Julian Mitchell said he sees few... More