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Fly News Breaks for May 15, 2017
EMR
May 15, 2017 | 08:06 EDT
After meeting with Emerson's CEO, Stifel analyst Robert McCarthy is more upbeat about the company's Automation Solutions and Commercial & Residential Solutions units. The analyst says that the CEO is confident that the company's margins can rise. McCarthy raised his price target on the name to $67 from $65 and keeps a Buy rating.
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