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UBS upgraded Eaton to "Buy" with a price target of $515, sending Eaton's pre-market shares up 3.1%.
UBS upgraded power management company Eaton (NYSE:ETN) from "Neutral" to "Buy" and raised its price target from $450 to $515. Following this news, Eaton's pre-market share price rose by 3.1%. UBS's upgrade is based on expectations of improved margins and earnings growth for Eaton, anticipating that pricing actions and operational execution will drive margin recovery starting in Q3 2026 and continuing through 2028. UBS projects Eaton's earnings to grow by 46% over the next two years and expects earnings per share to reach $19.95 in 2028, approximately 7% higher than the current Wall Street consensus.
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Source：Yahoo财经 · Source Link
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