We're hiking Eaton price target on signs the post-earnings rally has legs

Eaton Corporation signage at the NYSE

Source: NYSE

Eaton shares surged Thursday and hit a new all-time high after the electrical power management company reported an upside fourth quarter and provided a bullish view of 2024. We think the stock can keep climbing as the company rides the reindustrialization wave happening across North America.

By 111 Tech

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