Citigroup Initiates Coverage On Eaton Corp with Buy Rating, Announces Price Target of $348
Portfolio Pulse from Benzinga Newsdesk
Citigroup has initiated coverage on Eaton Corp with a Buy rating and set a price target of $348.
September 16, 2024 | 1:35 pm
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POSITIVE IMPACT
Citigroup analyst Andrew Kaplowitz has initiated coverage on Eaton Corp with a Buy rating and a price target of $348, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a high price target by a major financial institution like Citigroup is likely to boost investor confidence and positively impact Eaton Corp's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100