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Fly News Breaks for January 6, 2020
Jan 6, 2020 | 07:03 EDT
Credit Suisse analyst John Walsh raised his price target for Eaton to $100 from $94, while reiterating an Outperform rating on the shares as he balances attractive relative free cash flow valuation and portfolio optionality against his view that initial 2020 EPS guidance could miss consensus. The analyst thinks this is largely known and sees the potential for a "final reset" given his view for improving Industrial Production growth momentum.
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