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Stock impact report

Eaton Corp. (ETN) Stock May Have Bottomed According to Wolfe Research [Yahoo! Finance]

Eaton Corporation, PLC Ordinary Shares (ETN) 
Last eaton corporation, plc ordinary shares earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The firm also assigned a target price of $413. High-voltage power lines. Electricity distribution station. high voltage electric transmission tower. Distribution electric substation with power lines and transformers. Analysts at Wolfe Research believe the company's cyclical business units may have bottomed, pointing to both the Vehicle segment and eMobility. They believe the downturn has brought the company's valuation to very reasonable levels. Eaton Corporation plc's (NYSE:ETN) forward earnings expectations are also reasonable, according to the research house, which believes the Boyd transaction could support the company's growth and multiple expansion going forward. As a reminder, on November 3, Eaton signed a deal to acquire Boyd Corporation's thermal business unit for $9.5 billion. This investment was made to help the company improve its data center and liquid cooling capabilities to support the AI infrastructure being built. Eaton paid 22.5 times Boyd Thermal's 2026 EBIT Show less Read more
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