Stock_Legend

EMR showing upside potential

Long
NYSE:EMR   Emerson Electric Company
Emerson is half way into the cycle with price target ranging from $93 to $96. I expect earnings to be good, but the recent indication for a hostile acquisition might overshadow the ER. I believe this will trend in a range until mid March when this could start its next leg up.

Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.
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