Barclays Maintains Equal-Weight on Eaton Corp, Raises Price Target to $327
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Equal-Weight rating on Eaton Corp (NYSE:ETN) and raises the price target from $319 to $327.
October 02, 2024 | 5:48 pm
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Barclays has maintained its Equal-Weight rating on Eaton Corp and increased the price target from $319 to $327, indicating a positive outlook.
The increase in the price target from $319 to $327 by Barclays suggests a positive outlook for Eaton Corp, which could lead to a short-term increase in stock price. The maintenance of the Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100