Emerson Electric Co. (NYSE:EMR) Short Interest Update

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Emerson Electric Co. (NYSE:EMR) saw a significant drop in short interest in February, falling by 14.6% to 14,311,693 shares, representing 2.6% of the company’s stock. The short-interest ratio is 4.8 days based on average daily volume. Analysts have a “Hold” consensus rating with a target price of $164.85, and several firms recently raised their price targets for EMR.

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