Eaton price target raised to $407 from $399 at RBC Capital

RBC Capital raised the firm’s price target on Eaton (ETN) to $407 from $399 and keeps an Outperform rating on the shares. There was much to like about Eaton’s Q4 beat, despite the management’ conservative 2026 guidance, the analyst tells investors in a research note. The underlying orders/backlog momentum suggests Eaton’s 2026 guide has ample “beat-and-raise” potential, RBC adds. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s bes ...