JPMorgan analyst Stephen Tusa upgraded Eaton to Overweight from Neutral with a $230 price target.
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- Eaton price target raised to $238 from $235 at Morgan Stanley
- Eaton invests $150M to increase manufacturing of electrical infrastructure
- Eaton down 5% after CEO presents at Morgan Stanley conference
- Eaton price target raised to $210 from $161 at HSBC
- Eaton invests more than $500M in North American manufacturing