Barclays Maintains Underweight on Eaton Corp, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Underweight rating on Eaton Corp (NYSE:ETN) and raises the price target from $159 to $170.

July 10, 2023 | 2:30 pm
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Barclays maintains an Underweight rating on Eaton Corp but raises the price target from $159 to $170.
While the Underweight rating suggests that Barclays expects Eaton Corp's stock to underperform, the raised price target indicates a more positive outlook on the company's future performance. This mixed signal could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100