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Fly News Breaks for February 5, 2018
ETN
Feb 5, 2018 | 05:08 EDT
Stifel analyst Robert McCarthy upgraded Eaton to Buy and raised his price target for the shares to $99 from $77. The analyst sees a "solid" risk/reward following last week's Q4 results and believes better organic growth should yield margin leverage. Eaton remains in a "benign, improving macro environment" and is one of the top potential earnings revisions stories in 2018, McCarthy tells investors in a research note.
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