Barclays lowered the firm’s price target on Eaton (ETN) to $315 from $325 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the multi-industry group as part of a Q1 preview. It sees revenue and margin pressure alongside lower investor expectations.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ETN:
- Capital One, CervoMed, HPE, Eaton, PepsiCo: Trending by Analysts
- Eaton price target lowered to $354 from $407 at Goldman Sachs
- PepsiCo downgraded, HubSpot upgraded: Wall Street’s top analyst calls
- Eaton price target lowered to $335 from $390 at Jefferies
- Eaton Corporation Positioned for Sustained Growth Amid Industry Trends and Strategic Acquisitions