tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Eaton price target lowered to $335 from $350 at Wells Fargo

Wells Fargo analyst Joseph O’Dea lowered the firm’s price target on Eaton (ETN) to $335 from $350 and keeps an Equal Weight rating on the shares. The firm notes Eaton posted strong results with Q4 EPS beat driven by a 70bps margin beat. Orders were strong and in line with expectations. The $12.00 mid-point of the 2025 EPS outlook was in line with consensus, Wells adds.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1