J.P.Morgan raises Emerson Electric PT on better 2025 profit forecast

J.P. Morgan raise Emerson Electric EMR.N price target to $113 from $110, an upside of marginal 0.4% to the stock's last close

Brokerage raise 2025 EPS forecast to $6/share from $5.70/share

Says sales from maintenance, repair and overhaul remain robust, and the capital funnel continues to build, especially around life sciences, power and liquefied natural gas from the Middle East & Africa, India, Southeast Asia and the Americas

"EMR continues to execute with portfolio heavy lifting behind, and an achievable guide even assuming a softer macro in our view, with upside if the macro improves"- Brokerage

Rating unchanged at 'neutral'

24 of 30 brokerages rate the stock "buy" or higher, 4 "hold" and 2 "sell"; their median PT is $130- LSEG data

As of last close, stock had fallen 9.2% YTD