RBC Capital Maintains Sector Perform on Eaton Corp, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray has maintained a 'Sector Perform' rating on Eaton Corp (NYSE:ETN) and raised the price target from $215 to $220.
November 01, 2023 | 4:24 pm
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Eaton Corp's price target has been raised from $215 to $220 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. The 'Sector Perform' rating suggests that the stock is expected to perform in line with the sector average, which is neither overly bullish nor bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100