Eaton (ETN) Tops Q1 EPS by 11c; Raises guidance

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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