Stifel Maintains Buy on Eaton
January 21, 2014 at 10:26 AM EST
In a report published Tuesday, Stifel analyst Nathan Jones maintained a Buy rating on Eaton (NYSE: ETN ), raising its price target from 83.00 to $90.00. According to the report, the target price rise is based on 12.5x 2014E EBITDA or 15x 2015E EPS. “As we enter 2014 we see