Morgan Stanley Initiates Coverage On Eaton Corp with Overweight Rating, Announces Price Target of $370
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on Eaton Corp with an Overweight rating and set a price target of $370.
September 06, 2024 | 1:18 pm
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Morgan Stanley has initiated coverage on Eaton Corp with an Overweight rating and a price target of $370, indicating a positive outlook on the stock.
The Overweight rating and a high price target of $370 from a reputable firm like Morgan Stanley suggest a strong positive sentiment towards Eaton Corp, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100