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Analysts Offer Insights on Industrial Goods Companies: Emerson Electric Company (EMR) and Virgin Galactic Holdings (SPCE)

Tipranks - Wed Apr 1, 4:01AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Emerson Electric Company (EMR) and Virgin Galactic Holdings (SPCE).

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Emerson Electric Company (EMR)

Jefferies analyst Stephen Volkmann upgraded Emerson Electric Company to Buy today and set a price target of $175.00. The company’s shares closed last Monday at $123.30.

According to TipRanks.com, Volkmann is a 5-star analyst with an average return of 19.6% and a 67.2% success rate. Volkmann covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Rockwell Automation, and Veralto Corporation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emerson Electric Company with a $164.50 average price target, a 29.9% upside from current levels. In a report issued on March 16, TipRanks – xAI also reiterated a Buy rating on the stock with a $147.00 price target.

See the top stocks recommended by analysts >>

Virgin Galactic Holdings (SPCE)

KeyBanc analyst Michael Leshock maintained a Hold rating on Virgin Galactic Holdings today. The company’s shares closed last Monday at $2.17.

According to TipRanks.com, Leshock is a 5-star analyst with an average return of 66.2% and a 66.7% success rate. Leshock covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, Karman Holdings Inc., and Intuitive Machines. ;'>

Virgin Galactic Holdings has an analyst consensus of Hold, with a price target consensus of $3.50.

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