RBC Capital Upgrades Eaton Corp to Outperform, Raises Price Target to $371
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray upgrades Eaton Corp (NYSE:ETN) from Sector Perform to Outperform and increases the price target from $286 to $371.
April 05, 2024 | 8:46 am
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Eaton Corp upgraded by RBC Capital from Sector Perform to Outperform with a price target boost from $286 to $371.
The upgrade from Sector Perform to Outperform by a reputable analyst at RBC Capital, along with a significant increase in the price target, suggests a strong bullish outlook for Eaton Corp. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100