Eaton downgraded to Hold from Buy at Deutsche Bank Deutsche Bank downgraded Eaton to Hold with a $77 price target after the company lowered its 2014 outlook. Shares were also downgraded this morning at Goldman Sachs and JPMorgan.
Eaton can rise 20%, Barron's says Eaton trades at a 21% discount to the S&P and shares could rise 20% in the next year, Barron's contends in a feature column. Eaton shares yield 3.3%, the paper adds. Reference Link