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Stock impact report

Eaton upgraded at KeyBanc after trading at unwarranted discount [Seeking Alpha]

Eaton Corporation, PLC Ordinary Shares (ETN) 
Last eaton corporation, plc ordinary shares earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Seeking Alpha
Eaton upgraded at KeyBanc after trading at unwarranted discount - Eaton Corporation plc (NYSE:ETN) | Seeking Alpha Eaton upgraded at KeyBanc after trading at unwarranted discount Mar. 12, 2019 3:55 PM ET | Eaton Corporation plc (ETN) Carl Surran Eaton ( -0.1% upgrades Given the fragmented nature of the lighting market and ETN's leading competitive position, KeyBanc's Jeffrey Hammond expects a number of logical suitors to emerge, rendering a sale rather than a tax-free spin as the likeliest transactional outcome for the Lighting unit. More broadly, given ETN's attractive late cycle mix, a renewed emphasis on organic growth and enhanced free cash flow optionality, Hammond thinks ETN is uniquely positioned to thrive in a healthy fundamental environment or weather the storm if a recession occurs. Click to subscribe to real-time analytics on ETN Now read: GE: Notably Undervalued After Blockbuster Biopharma Deal » Subscribe Show less Read more
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