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Analysts Offer Insights on Industrial Goods Companies: Eaton (ETN) and GE Vernova Inc. (GEV)

Tipranks - Thu Feb 5, 6:26AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Eaton (ETNResearch Report) and GE Vernova Inc. (GEVResearch Report) with bullish sentiments.

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Eaton (ETN)

Citi analyst Andrew Kaplowitz reiterated a Buy rating on Eaton today. The company’s shares closed last Tuesday at $362.53, close to its 52-week high of $379.99.

According to TipRanks.com, Kaplowitz is a top 100 analyst with an average return of 23.3% and a 69.7% success rate. Kaplowitz covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Atkore International Group, and Emerson Electric Company. ;'>

Currently, the analyst consensus on Eaton is a Strong Buy with an average price target of $386.22, a 10.5% upside from current levels. In a report issued on January 27, TipRanks – Google also upgraded the stock to Buy with a $374.00 price target.

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GE Vernova Inc. (GEV)

Robert W. Baird analyst Ben Kallo upgraded GE Vernova Inc. to Buy today and set a price target of $923.00. The company’s shares closed last Tuesday at $780.25.

Kallo has an average return of 39.9% when recommending GE Vernova Inc.. ;'>

According to TipRanks.com, Kallo is ranked #2051 out of 12040 analysts.

Currently, the analyst consensus on GE Vernova Inc. is a Strong Buy with an average price target of $858.23, a 10.7% upside from current levels. In a report issued on January 28, TipRanks – OpenAI also upgraded the stock to Buy with a $786.00 price target.

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