Follow-up: Eaton upgraded to Buy from Neutral at Buckingham Buckingham upgraded Eaton on expectations the company is positioned for above-peer revenue growth beginning later this year as its markets recover. The firm raised its price target for shares to $75 from $63. Note Eaton shares were downgraded this morning at Barclays.
News For ETN From The Last 14 Days
Check below for free stories on ETN the last two weeks.
Eaton weighing sale of unit valued at $1B, Bloomberg says Eaton is looking deeper into a sale of its auto-parts unit, valued at $1B, according to Bloomberg, citing two people with knowledge of the situation. The sources said that Eaton expects the business unit to attract potential bidders due to the increase of car sales and its growth potential. Reference Link