Emerson Electric (EMR) Declares $0.485 Quarterly Dividend; 2.9% Yield

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Go back to Emerson Electric (EMR) Declares $0.485 Quarterly Dividend; 2.9% Yield

Emerson (EMR) PT Lowered to $79 at RBC Capital; 'Declares Cycle Not Over'

May 2, 2018 8:25 AM EDT

RBC Capital lowered its price target on Emerson (NYSE: EMR) to $79.00 (from $80.00) while maintaining an Outperform rating.

Analyst Deane Dray commented, "Outperform-rated Emersons CEO Dave Farr delivered a booster shot to the sector by asserting that the cycle has not peaked and projecting... More