Wells Fargo Maintains Equal-Weight on Eaton Corp, Raises Price Target to $257
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Eaton Corp (NYSE:ETN) and increased the price target from $220 to $257.
December 19, 2023 | 1:43 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Eaton Corp but raised the price target from $220 to $257, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Joseph O'Dea suggests a bullish view on Eaton Corp's stock value in the short term. This could lead to increased investor confidence and a potential rise in the stock price as the market adjusts to the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100