Eaton Reports Record First Quarter 2024 Results, with Strong Orders and Backlog Growth

Go back to Eaton Reports Record First Quarter 2024 Results, with Strong Orders and Backlog Growth

Eaton Corporation (ETN) PT Raised to $374 at RBC Capital

May 1, 2024 6:29 AM EDT

RBC Capital analyst Deane Dray raised the price target on Eaton Corporation (NYSE: ETN) to $374.00 (from $373.00) while maintaining a Outperform rating.

The analyst comments "Among the standout positives in Outperform-rated Eatons 1Q24 6% operating beat were the datacenter 2022-2025 CAGR boost from +16% to +25%, growth in... More