By: Benzinga
February 06, 2013 at 12:56 PM EST
UPDATE: Jefferies Raises PT on Eaton Corporation on 4Q Model
In a report published Wednesday, Jefferies reiterated its Hold rating on Eaton Corporation (NYSE: ETN ), and raised its price target from $50.00 to $65.00. Jefferies noted, “Better than expected sales and higher operating margins were offset by higher than expected interest expense and additional restructuring costs as ETN took
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