Eaton stock jumps on HSBC upgrade as data-center power demand grabs the tape
New York, January 16, 2026, 13:50 EST — Regular session Eaton Corporation plc shares climbed roughly 3.6% to $345.36 in Friday afternoon trading following HSBC’s upgrade to Buy. The bank also lifted its price target on the power-management firm from $390 to $400. HSBC highlighted Eaton’s “diversified” portfolio and noted its clear “above-market growth prospects,” while downplaying concerns tied to…