BUZZ-Street View: Emerson maintains momentum despite economic headwinds

Reuters
Aug 07
BUZZ-Street View: Emerson maintains momentum despite economic headwinds

** Engineering solutions provider Emerson Electric EMR.N slightly raised its annual profit forecast on Wednesday, banking on reduced cost exposure to tariffs and higher demand for its intelligent devices segment

BUMP IN THE ROAD

** Mizuho ("outperform", PT: $155) sees co executing well in choppy macro conditions; notes order rates and business momentum prospects continue to improve

** BofA Global Research ("buy", PO: $165) says incremental margins in FY26 to be boosted by synergies from both the National Instruments and AspenTech acquisitions

** Wolfe Research ("outperform", PT: $173) sees EMR's margin weakness as a "bump in the road" and expects no negative implications going into the next two years

** Morningstar (fair value: $111) says the growing skilled labor shortage benefits Emerson as manufacturers look to support human capital with smart robotics

(Reporting by Kanchana Chakravarty in Bengaluru)

((Kanchana.Chakravarty@thomsonreuters.com))

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