Emerson Electric Raises Guidance
It's been a long time coming, but Emerson Electric Co. (NYSE: EMR) is finally growing again. For the first time since the second quarter of 2015, the company's underlying sales were in positive territory. Moreover, Emerson's results were pretty much in line with expectations, but improving trends encouraged management to raise full-year guidance as a consequence.
Let's look at the details behind a busy third quarter for the company.
Starting with the headline numbers from the quarter:
Source: Fool.com
General Electric Co. Stock
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As a result the target price of 167 € shows a slightly positive potential of 9.87% compared to the current price of 152.0 € for General Electric Co..