Goldman Sachs Maintains Buy on Eaton Corp, Raises Price Target to $328
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie maintains a Buy rating on Eaton Corp (NYSE:ETN) and raises the price target from $287 to $328.
March 15, 2024 | 2:43 pm
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Goldman Sachs maintains a Buy rating on Eaton Corp and increases the price target to $328.
The upgrade in price target by a reputable analyst like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting potential upside. This can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100