Eaton stock dips as Barclays trims target and U.S. jobs report looms
Eaton shares fell 0.65% to $320.58 Thursday, closing nearly 19% below last July’s peak. Barclays trimmed its price target to $350, citing strong AI-driven demand but kept a neutral rating. U.S. jobless claims rose to 208,000, just under forecasts, as investors await Friday’s payrolls report and the Fed’s January meeting.