KeyBanc analyst Jeffrey Hammond raised the firm’s price target on Eaton (ETN) to $420 from $410 as the firm continues to see the company outperforming as strong Data Center/Utility tailwinds show through incrementally as capacity comes online. KeyBanc keeps an Overweight rating on the shares.
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>>
Read More on ETN:
- Citi ups Eaton target, opens upside ‘positive catalyst watch’
- Eaton doubles U.S. capacity of voltage regulators, three-phase transformers
- Trump Trade: U.S. acquires 10% stake in Trilogy Metals
- Trump says medium, heavy duty truck tariffs to start on November 1
- Eaton names Kaled Awada as Chief Human Resources Officer