Barclays Maintains Underweight on Eaton Corp, Raises Price Target to $187
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Underweight rating on Eaton Corp (NYSE:ETN) and raises the price target from $185 to $187.
November 01, 2023 | 1:53 pm
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NEUTRAL IMPACT
Barclays maintains an Underweight rating on Eaton Corp but raises the price target from $185 to $187.
The news is directly about Eaton Corp. While the Underweight rating suggests that Barclays expects the stock to underperform, the raised price target indicates a slightly more positive outlook. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100