StocksMediumUpdatedOriginally published 31 March 2026Updated 1 April 2026
1 min read

Jefferies Upgrades Emerson Electric to Buy, Raises Price Target to $175

Key Facts

1Jefferies upgraded Emerson Electric (EMR) from Hold to Buy and raised its price target from $160 to $175.
2Analyst thesis anticipates earnings growth accelerating from low-single-digits in H1 FY2026 to low-double-digits by year-end.
3The stock has declined 15.88% over the past month, leaving it 21% below its 52-week high.

Jefferies has upgraded Emerson Electric (EMR) from a Hold to a Buy rating, while increasing its price target to $175. This optimism is driven by the company's strategic repositioning toward recurring services and industrial software, which is expected to bolster profit margins. Analysts anticipate earnings growth will accelerate to low-double digits by late 2026, supported by strong order momentum. Furthermore, the stock remains an attractive option for income-focused portfolios due to its history of steady dividend payments. Despite the bullish stance from Jefferies, the broader market consensus rating for the stock currently remains at 'Hold'. With the stock trading 21% below its 52-week high following a recent 15.88% monthly decline, Jefferies views this as a compelling entry point. This rating change highlights confidence in Emerson's operational recovery and its shift toward high-margin digital segments.