HSBC Maintains Hold on Eaton Corp, Raises Price Target to $210
Portfolio Pulse from richadhand@benzinga.com
HSBC analyst Puneet Garg maintains a Hold rating on Eaton Corp (NYSE:ETN) and raises the price target from $161 to $210.
August 31, 2023 | 8:59 am
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POSITIVE IMPACT
HSBC maintains a Hold rating on Eaton Corp and raises the price target from $161 to $210. This could potentially lead to an increase in the stock's price.
The raised price target by HSBC indicates a positive outlook for Eaton Corp. This could potentially lead to an increase in the stock's price as it suggests that the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100