Eaton Corporation, PLC (NYSE:ETN) Given Average Rating of "Moderate Buy" by Brokerages

Eaton Corporation, PLC (NYSE:ETN) has received an average rating of “Moderate Buy” from nineteen brokerages, with an average 12-month target price of $392.94. The company recently increased its quarterly dividend to $1.10 and reported strong earnings, while an insider sold a significant portion of their shares. Eaton’s stock is trading at a PE of 34 and has a market capitalization of approximately $138 billion.

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