Atlantic Equities Downgrades Emerson Electric To Neutral

Analysts at Atlantic Equities downgraded Emerson Electric Co. (NYSE: EMR) from Overweight to Neutral.

The price target for Emerson Electric has been lowered from $74 to $59.

Emerson Electric shares have declined 12.25% over the past 52 weeks, while the S&P 500 index has surged 14.57% in the same period.

Emerson Electric's shares fell 0.21% to close at $57.03 on Friday.