Eaton reported quarterly earnings of $3.15 per share which beat the analyst consensus estimate of $3.07 per share. The company reported quarterly sales of $8.531 billion which beat the analyst consensus estimate of $8.133 billion.Eaton raised its FY2026 adjusted EPS guidance from $13.05-$13.50 to $13.40-$13.60.Eaton shares gained 3.6% to trade at $430.04 on Monday.These analysts made changes to their price targets on Eaton following earnings announcement.
Evercore ISI Group analyst David Raso upgraded Eaton from In-Line to Outperform and raised the price target from $453 to $502.
BMO Capital analyst Daniel DiCicco maintained the stock with an Outperform rating and raised the price target from $477 to $487.
