Emerson Electric (EMR) Tops Q1 EPS by 3c
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Emerson (EMR) PT Lowered to $56 at BofA/Merrill Lynch
February 4, 2015 7:45 AM ESTBofA/Merrill Lynch analyst Andrew Chin lowered his price target on Underperform-rated Emerson (NYSE: EMR) to $56.00 (from $62.00) as they are now modeling no EPS growth through 2016.
The firm cut FY 2015 EPS from $3.86 to $3.70 and FY 2016 EPS from $3.88 to $3.75.
For an analyst... More
