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

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

Eaton Corporation (ETN) PT Lowered to $371 at RBC Capital

August 2, 2024 6:27 AM EDT

RBC 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