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Analysts Offer Insights on Industrial Goods Companies: UniFirst (UNF) and Emerson Electric Company (EMR)

Tipranks - Tue Jun 16, 11:56AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on UniFirst (UNF) and Emerson Electric Company (EMR).

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UniFirst (UNF)

In a report issued on June 12, Tim Mulrooney from William Blair maintained a Hold rating on UniFirst. The company’s shares closed last Monday at $264.16.

According to TipRanks.com, Mulrooney is a 4-star analyst with an average return of 6.2% and a 46.6% success rate. Mulrooney covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Concrete Pumping Holdings, and BrightView Holdings. ;'>

Currently, the analyst consensus on UniFirst is a Hold with an average price target of $270.00.

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Emerson Electric Company (EMR)

Bank of America Securities analyst Andrew Obin maintained a Buy rating on Emerson Electric Company today. The company’s shares closed last Monday at $147.72.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 20.5% and a 68.6% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Applied Industrial Technologies, and Honeywell International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emerson Electric Company with a $163.50 average price target, which is an 11.8% upside from current levels. In a report issued on June 9, Bernstein also initiated coverage with a Buy rating on the stock with a $175.00 price target.

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