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Stock impact report

Eaton up after BAML upgrades to Buy on optimism over core growth [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 up after BAML upgrades to Buy on optimism over core growthEaton (NYSE:ETN) is higher after BofA Merrill Lynchupgrades shares to Buy from Neutral with a $90 price target, raised from $85, saying it has grown more constructive on ETN's core growth given the solid industrial macro backdrop and improved visibility on growth at ETN's electrical systems and services segment.The firm says ETN is staying ahead of the curve on raw material cost inflation with pricing, which should reduce earnings concerns for the rest of this year.Click to subscribe to real-time analytics on ETNNow read:Square Cash app gains popularity as a bank account: CNBC » Show less Read more
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