On Nov 05, major Wall Street analysts update their ratings for $Eaton (ETN.US)$, with price targets ranging from $350 to $385.
Morgan Stanley analyst Christopher Snyder maintains with a buy rating, and maintains the target price at $385.
J.P. Morgan analyst Stephen Tusa maintains with a buy rating, and adjusts the target price from $349 to $350.
Oppenheimer analyst Christopher Glynn maintains with a hold rating.
Bernstein analyst Chad Dillard initiates coverage with a buy rating, and sets the target price at $382.
Furthermore, according to the comprehensive report, the opinions of $Eaton (ETN.US)$'s main analysts recently are as follows:
Supply and demand continue to be tightly matched for several crucial electrical products, with capacity expansions occurring progressively. Consequently, it is anticipated that Eaton will not experience a significant reduction in pricing.
The shares of Eaton exhibited underperformance post-earnings, amidst lofty anticipations. This was partly due to a varied performance beyond the Electrical Americas, impacted by sluggishness in Europe and the eMobility sector, according to an analyst.
Here are the latest investment ratings and price targets for $Eaton (ETN.US)$ from 4 analysts:
Note:
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