Eaton Reports Record Second Quarter 2024 Results, with Continued Strong Orders and Backlog Growth
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Eaton Corporation (ETN) PT Lowered to $371 at RBC Capital
August 2, 2024 6:27 AM EDTRBC Capital analyst Deane Dray lowered the price target on Eaton Corporation (NYSE: ETN) to $371.00 (from $376.00) while maintaining a Outperform rating.
The analyst comments "Outperform-rated Eatons 2Q24 11c/4% operating beat & raise had lots of feel-goods. Datacenter (14% of revenues) remains the standout positive. Megatrends of... More
