Barclays Sees Eaton (ETN) as “Battleground” While Jefferies Initiates Buy
Barclays has raised its price target for Eaton Corporation plc (NYSE: ETN) to $354 from $350, maintaining an Equal Weight rating, following the closing of the Boyd deal, and expects the stock to remain a "battleground" for investors. Concurrently, Jefferies initiated coverage with a Buy rating and a $430 price target, stating that the Boyd Thermal acquisition strengthens Eaton's data center offerings. Eaton recently completed the acquisition of Boyd Thermal, which specializes in thermal management solutions for data centers and aerospace.
https://www.insidermonkey.com/blog/barclays-sees-eaton-etn-as-battleground-while-jefferies-initiates-buy-1720144/