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Fly News Breaks for May 5, 2015
ETN
May 5, 2015 | 07:04 EDT
JPMorgan upgraded Eaton to Overweight saying spending in the private non-residential sector is now larger than residential for the first time since October 2012. Eaton has 25% of its sales tied to the private non-residential sector, the firm points out. It raised its price target for shares to $84 from $70.