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Fly News Breaks for December 4, 2019
PH, SWK, ETN, EMR, HON
Dec 4, 2019 | 08:11 EDT
Deutsche Bank analyst Nicole DeBlase downgraded Eaton (ETN) to Hold from Buy with a price target of $99, up from $94. The analyst sees "limited scope" for further multiple re-rating and downside risk to earnings forecasts for most Industrial names under her coverage. As such, she prefers to take a "selective stance." Her downgrade of Eaton reflects the stock's recent outperformance and risk to 2020 estimates. On the flip side, she's a buyer of Emerson (EMR), Honeywell (HON), Parker-Hannifin (PH) and Stanley Black & Decker (SWK).
News For ETN;EMR;HON;PH;SWK From the Last 2 Days
HON
Feb 22, 2020 | 07:19 EDT
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump and his administration with this weekly recap compiled by The Fly: 1. U... To see the rest of the story go to thefly.com. See Story Here