Citi analyst Andrew Kaplowitz raised the firm’s price target on Eaton (ETN) to $351 from $323 and keeps a Buy rating on the shares. Despite “mixed” Q1 results, Eaton’s maintained 2025 earnings guidance is “encouraging,” given its comment of sustained negotiation pipeline growth in Electrical Americas, the analyst tells investors in a research note. The firm expects Eaton to continue delivering “higher-quality” earnings growth on seculars growth tailwinds supporting stock appreciation over time.
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