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Fly News Breaks for February 5, 2020
Feb 5, 2020 | 08:47 EDT
Wells Fargo analyst Andrew Casey raised his price target for Eaton to $112 from $105 as the company continues to produce "solid" results as it navigates through increasingly challenging markets. Against this backdrop, Eaton continues to drive higher segment margin and cash flow generation while pursuing margin enhancing portfolio actions, he notes. Casey has an Overweight rating on the shares.
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