12:40 AM EDT, 05/07/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Following Q1 results, we lift our 12-month target to $500 from $425, valuing shares at 31.5x our 2027 EPS outlook of $15.86 (up from $15.45; 2026 EPS view raised to $13.47 from $13.40), above ETN's long-term multiple average given surging demand trends within the company's core markets. ETN reported record revenue of $7.5 billion, fueled by an impressive 240% increase in data center orders and continued strength in aerospace markets, which swelled backlogs to new record levels. This top-line growth, however, was partially offset by margin pressure due to a negative price-cost lag and the front-load of expenses tied to 12 new factories that are being built to meet rising order levels. ETN has implemented price increases that we expect to bring price/cost to neutrality and will contribute to the stabilization of margins in the coming quarters. The company raised its full-year organic growth guidance to 10% and reaffirmed its full-year 2026 EPS outlook.