RBC Capital Maintains Sector Perform on Eaton Corp, Raises Price Target to $215
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Deane Dray has maintained a 'Sector Perform' rating on Eaton Corp (NYSE:ETN) and raised the price target from $188 to $215.
August 04, 2023 | 11:38 am
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Eaton Corp's price target has been raised from $188 to $215 by RBC Capital, while maintaining a 'Sector Perform' rating.
The increase in price target by RBC Capital indicates a positive outlook for Eaton Corp. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance. The 'Sector Perform' rating suggests that the analyst expects the company to perform in line with the expectations of the sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100