NYSE:ETNElectrical
Assessing Eaton (ETN) Valuation After HSBC Buy Upgrade On AI Data Center Outlook
A recent buy rating upgrade for Eaton (ETN) from HSBC, tied to expected demand for AI data center equipment, has pushed the stock into the spotlight and raised fresh questions about its current valuation.
See our latest analysis for Eaton.
That AI focused upgrade comes in a mixed price backdrop, with Eaton’s share price at US$337.59 after a 6.23% 1 month share price return but a 6.38% 3 month share price decline. The 3 year total shareholder return of 117.97% and 5 year total shareholder...