3M Stock Is Downgraded Because a Blue Wave Could Mean Trouble
Bank of America analyst Andrew Obin said Democratic control of Congress might mean more environmental liabilities for the industrial conglomerate.
Source: barrons.com
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Why Eaton Is One of Barron's Top Stock Picks for the New Year
Mauricio Palos/Bloomberg This article is an excerpt from Barron’s 10 favorite stocks for 2021. To see the full list, click here. Eaton could be one of the biggest winners among industrial conglomerates from the growth of renewable power, the expansion of data centers, and the electrification of the U.S. economy. Eaton (ticker: ETN) is a leading maker of electrical equipment, including transformers, circuit breakers, uninterruptible power systems, and software. Electrical equipment accounts for over 40% of its sales. It takes more equipment and software to get electrici...
Source: barrons.com
GE Stock Is Up 90% in Three Months. More Gains Are Ahead, Analyst Says.
Order Reprints Text size GE stock is in a bullish pattern of higher highs and higher lows, says Argus analyst John Eade. Sebastien Bozon/AFP via Getty Images General Electric stock is in a bullish pattern of higher highs and higher lows, says Argus Research analyst John Eade. Thursday, he raised his price target to $14 a share, matching the Street-high target price. Eade believes the turnaround under GE (ticker: GE) CEO Larry Culp is making progress, which is evident despite a brutal year plagued by Covid-19. “While the company’s Healthcare segment is expe...
Source: barrons.com