Eaton stock rises today as Barclays trims target; CPI and earnings loom
Eaton shares rose 1% to $323.83 Friday afternoon, rebounding after a 3.1% drop earlier in the week. Barclays cut its price target to $350 but maintained an Equal Weight rating. Traders are watching for U.S. inflation data Jan. 13 and Eaton’s expected earnings report Jan. 30. The stock remains about 19% below its July 52-week high.