B of A Securities Maintains Buy on Eaton Corp, Raises Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin has maintained a Buy rating on Eaton Corp (NYSE:ETN) and increased the price target from $320 to $330.
March 18, 2024 | 4:06 pm
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POSITIVE IMPACT
Eaton Corp's Buy rating is maintained by B of A Securities, with the price target raised from $320 to $330.
The maintenance of a Buy rating combined with an increased price target suggests a positive outlook on Eaton Corp's stock by B of A Securities. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100