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Fly News Breaks for December 12, 2019
ETN
Dec 12, 2019 | 06:35 EDT
UBS analyst Markus Mittermaier initiated coverage of Eaton with a Neutral rating and $98 price target. The analyst says the company's Electricals is closing its margin gap relative to EU quality peers, but sees its North America Class 8 build "derailing" the first half of next year.