Barclays lowered the firm’s price target on Eaton (ETN) to $340 from $354 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the multi-industry group as part of a Q1 earnings preview. The sector faces “more demand question marks” but expectations are “somewhat re-based,” the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ETN:
- Sturm Ruger appoints Andrew Wieland as SVP, CFO
- Best ETFs to Invest In, According to AI Analyst, 3/26/2026
- Eaton: Leading Power Management Beneficiary of AI Data Center Growth and Electrification Trends Driving Sustained Upside
- Eaton initiated with an Outperform at BMO Capital
- Eaton put volume heavy and directionally bearish