Analysts Offer Insights on Industrial Goods Companies: Eaton (ETN) and Orion Energy Systems (OESX)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Eaton (ETN) and Orion Energy Systems (OESX) with bullish sentiments.
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Eaton (ETN)
In a report released today, Andrew Obin from Bank of America Securities maintained a Buy rating on Eaton. The company’s shares closed last Wednesday at $375.59, close to its 52-week high of $379.99.
According to TipRanks.com, Obin is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Eaton with a $397.78 average price target, a 5.1% upside from current levels. In a report issued on March 16, Jefferies also initiated coverage with a Buy rating on the stock with a $430.00 price target.
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Orion Energy Systems (OESX)
In a report released today, Eric Stine from Craig-Hallum maintained a Buy rating on Orion Energy Systems. The company’s shares closed last Wednesday at $10.50.
According to TipRanks.com, Stine is a 5-star analyst with an average return of
Currently, the analyst consensus on Orion Energy Systems is a Moderate Buy with an average price target of $20.00.
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