Barclays Maintains Equal-Weight on Eaton Corp, Lowers Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Equal-Weight rating on Eaton Corp (NYSE:ETN) but lowers the price target from $327 to $320.
November 01, 2024 | 2:01 pm
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Barclays has maintained its Equal-Weight rating on Eaton Corp but has lowered the price target from $327 to $320, indicating a slightly less optimistic outlook.
The lowering of the price target by Barclays suggests a slightly less optimistic view on Eaton Corp's future performance, which could lead to a minor negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100