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Fly News Breaks for December 24, 2019
ETN
Dec 24, 2019 | 06:46 EDT
Citi analyst Timothy Thein raised his price target for Eaton to $110 from $98 and maintains a Buy rating on the shares. The analyst adjusted his estimates to reflect the sale of Fluid Conveyance and Lighting, which he expects to be reflected in Eaton's initial 2020 guidance. His new price target assumes a higher multiple.
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