Wells Fargo Maintains Equal-Weight on Eaton Corp, Raises Price Target to $342
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea maintains an Equal-Weight rating on Eaton Corp (NYSE:ETN) and raises the price target from $315 to $342.
October 07, 2024 | 8:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Eaton Corp but increased the price target from $315 to $342, indicating a positive outlook.
The increase in price target from $315 to $342 by Wells Fargo suggests a positive outlook for Eaton Corp, which could lead to a short-term increase in stock price. The maintenance of an Equal-Weight rating indicates a balanced view, but the raised target reflects optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100