Emerson to Advance Global Automation Leadership Through Acquisition of NI

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Morgan Stanley Downgrades National Instruments (NATI) to Equalweight

April 12, 2023 2:17 PM EDT

Morgan Stanley analyst Meta Marshall downgraded National Instruments (NASDAQ: NATI) from Overweight to Equalweight with a price target of $60.00 (from $52.00).

The analyst comments "Emerson announced the acquisition of NATI this morning for $60/share in cash (~$8.2bn equity value). Given the months long... More