Citigroup Maintains Buy on Eaton Corp, Raises Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein maintains a Buy rating on Eaton Corp (ETN) and raises the price target from $270 to $310.
February 02, 2024 | 7:01 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Eaton Corp and raises the price target from $270 to $310.
The upgrade in price target by a reputable analyst like Timothy Thein from Citigroup suggests a strong confidence in Eaton Corp's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100