JPMorgan analyst Stephen Tusa lowered the firm’s price target on Eaton (ETN) to $348 from $350 and keeps an Overweight rating on the shares. The firm updated models in the electrical equipment and multi-industry space ahead of the Q4 reports.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ETN:
- Eaton awarded $20M contract to support NY CREATES facility in New York
- Eaton price target lowered to $410 from $440 at Citi
- Eaton price target lowered to $350 from $365 at Wells Fargo
- Eaton price target raised to $392 from $374 at RBC Capital
- Caterpillar, Epam among additions to Jefferies Franchise Picks list