BofA analyst Andrew Obin raised the firm’s price target on Eaton to $200 from $180 and keeps a Buy rating on the shares after attending an investor dinner hosted by management during which they focused on capitalizing on structural growth in key end markets and opportunities for continuing operational improvement. Following talks at the event, the analyst sees a path to continuing outgrowth and room for self-help to reach the company’s margin targets.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ETN: