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Fly News Breaks for April 2, 2015
EMR
Apr 2, 2015 | 15:15 EDT
Deutsche Bank noted that Emerson Electric typically and consistently reports on its monthly orders in the third week of each month and that the current delay in its report on the February period may be related to something more than administrative issues. If the company makes no parallel announcement and effectively lowers guidance on unfavorable orders, the firm believes the stock could see downside of about 5%. However, if the company announces unfavorable orders but also makes some kind of well received strategic announcement, the firm believes the stock could see upside of about 7%. Deutsche Bank has a Hold rating on Emerson shares.
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