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Analysts Offer Insights on Technology Companies: Emerson Electric Company (EMR), BAE Systems (OtherBAESF) and Parsons (PSN)

Analysts have been eager to weigh in on the Technology sector with new ratings on Emerson Electric Company (EMRResearch Report), BAE Systems (BAESFResearch Report) and Parsons (PSNResearch Report).

Emerson Electric Company (EMR)

In a report released yesterday, Gautam Khanna from Cowen & Co. maintained a Buy rating on Emerson Electric Company. The company’s shares closed last Wednesday at $83.82.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 11.7% and a 67.7% success rate. Khanna covers the Technology sector, focusing on stocks such as Honeywell International, L3Harris Technologies, and Huntington Ingalls.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emerson Electric Company with a $102.50 average price target, implying a 19.9% upside from current levels. In a report issued on April 18, Wolfe Research also upgraded the stock to Buy with a $103.00 price target.

See the top stocks recommended by analysts >>

BAE Systems (BAESF)

Berenberg Bank analyst George McWhirter maintained a Hold rating on BAE Systems yesterday and set a price target of p1000.00. The company’s shares closed last Wednesday at $12.94, close to its 52-week high of $12.97.

McWhirter has an average return of 13.5% when recommending BAE Systems.

According to TipRanks.com, McWhirter is ranked #481 out of 8383 analysts.

BAE Systems has an analyst consensus of Moderate Buy, with a price target consensus of $13.27.

Parsons (PSN)

Goldman Sachs analyst Noah Poponak maintained a Hold rating on Parsons yesterday. The company’s shares closed last Wednesday at $45.23.

According to TipRanks.com, Poponak is a 4-star analyst with an average return of 4.4% and a 51.8% success rate. Poponak covers the Technology sector, focusing on stocks such as Raytheon Technologies, Teledyne Technologies, and L3Harris Technologies.

Parsons has an analyst consensus of Hold, with a price target consensus of $47.67.

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