Emerson Electric (EMR +3%) gets a boost after Citi upgrades the stock to Buy on valuation and...

|About: Emerson Electric Co. (EMR)|By:, SA News Editor

Emerson Electric (EMR +3%) gets a boost after Citi upgrades the stock to Buy on valuation and raises its price target to $60. Citi says the company's attractive late-cycle exposure should position it to outgrow peers in a slow growth environment.