Emerson Electric Co
EMR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$446.00 | Zbrq | Gdvfqcsf |
Emerson Electric: No Change to Our Fair Value Estimate as NI Deal Closes
Wide-moat-rated Emerson Electric completed its acquisition of test and measurement equipment and services provider NI on Oct. 11. We don’t expect to materially change our $105 fair value estimate, since our model currently accounts for the valuation impact from the transaction. We will update our financial projections once Emerson management issues guidance on the NI transaction's impact.