By: Benzinga
UPDATE: Morgan Stanley Initiates Eaton with Equal-Weight on Strong Recent Performance, Bullish Consensus
In a report published Wednesday, Morgan Stanley analyst Nigel Coe initiated coverage on Eaton Corporation PLC (NYSE: ETN ) with an Equal-Weight rating and $70.00 price target. In the report, Coe noted, “Given strong recent performance and bullish consensus, we launch with an EW rating and $70 target. However, above-average
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