Latest news with #KennethNewman
Business Insider
09-08-2025
- Business
- Business Insider
Emerson Electric Company (EMR) Receives a Rating Update from a Top Analyst
In a report released today, Christopher Glynn from Oppenheimer maintained a Buy rating on Emerson Electric Company, with a price target of $152.00. The company's shares closed today at $132.74. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Glynn covers the Industrials sector, focusing on stocks such as Emerson Electric Company, Ametek, and Honeywell International. According to TipRanks, Glynn has an average return of 17.8% and a 65.32% success rate on recommended stocks. In addition to Oppenheimer, Emerson Electric Company also received a Buy from KeyBanc's Kenneth Newman in a report issued yesterday. However, on the same day, Barclays upgraded Emerson Electric Company (NYSE: EMR) to a Hold. Based on Emerson Electric Company's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $4.55 billion and a net profit of $586 million. In comparison, last year the company earned a revenue of $4.38 billion and had a net profit of $329 million Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EMR in relation to earlier this year. Most recently, in May 2025, Michael H. Train, the SVP & Chief Sustain Officer of EMR sold 28,305.00 shares for a total of $3,380,749.20.
Yahoo
25-06-2025
- Business
- Yahoo
KeyBanc Maintains a Buy on WESCO International (WCC), Raises PT to $210
WESCO International, Inc. (NYSE:WCC) is one of the . In a report released on June 13, Kenneth Newman from KeyBanc maintained a Buy rating on WESCO International, Inc. (NYSE:WCC), raising the price target to $210 from $180. The rating update came after the company reported an eventful fiscal Q1 earnings season, along with the firm's Industrials and Basic Materials Conference in Boston. A team of professionals operating high and medium voltage project design. The analyst told investors that while broader macroeconomic uncertainty remains high amid fluid global trade dynamics, recent data points associated with its coverage have come in better than initially feared. WESCO International, Inc. (NYSE:WCC) provides business-to-business logistics services, distribution services, and supply chain solutions. Its operations are divided into the following segments: Electrical and Electronic Solutions (EES), Communications and Security Solutions (CSS), and Utility and Broadband Solutions (UBS). While we acknowledge the potential of WCC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
