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Eaton Sparks Growth On Strong Q1 Results, Could Data Centers Offset Tariff Impact? Analysts Weigh In
Monday, May 5, 2025 - 12:05pm | 529Eaton Corporation PLC (NYSE:ETN) shares were rising in early trading on Monday after the company announced on Friday upbeat first-quarter results. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On Eaton Analyst Deane Dray maintained...
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Honeywell International Posts Q1 Beat: Here's What Could Affect Performance In H2, Analyst Raises Price Target
Wednesday, April 30, 2025 - 1:05pm | 451Honeywell International Inc's (NASDAQ:HON) stock tanked even after the company reported on Tuesday better-than-expected quarterly results. The company posted solid quarterly results and raised its 2025 guidance, despite a contingency contribution for net tariff costs and demand risk in the back...
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Fortive Posts Q4 EPS Beat, Sales Miss: Analysts Expect China To Remain A Headwind
Monday, February 10, 2025 - 12:41pm | 386Shares of Fortive Corp (NYSE:FTV) were climbing in early trading on Monday, despite the company reporting disappointing fourth-quarter revenues. Here are some key analyst takeaways: RBC Capital Markets analyst Deane Dray reiterated a Sector Perform rating, while raising the price target from $77...
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How To Play The 'Trump Trade' For AI, Energy, Taxes: Analyst Says 5 Stocks Could Shine
Thursday, November 7, 2024 - 8:09pm | 574Donald Trump will return to the White House and will bring major changes to the country's tax, AI and energy policies. RBC Capital Markets analyst Deane Dray highlighted some of the companies that may benefit from Trump's policies. Fossil Fuel/ Energy Independence: Trump's plans for energy...
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Eaton Is Poised To Benefit From 'Ongoing Electrical Super-Cycle,' Says Bullish Analyst
Friday, April 5, 2024 - 11:18am | 271Shares of Eaton Corporation PLC (NYSE: ETN) were climbing in early trading on Friday, despite concerns around stocks with high valuations. With multi-year catalysts ahead, the company appears to be the “best large-cap way to play the current electrical supercycle,” according to RBC...
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Danaher's Defensive Portfolio Is Ideal Amid Macro Fears: RBC Analyst
Wednesday, June 1, 2022 - 10:30am | 249Danaher Corporation’s (NYSE: DHR) portfolio, with 75% recurring revenues and more than a 90% mix in life sciences and diagnostics, appears “incrementally more attractive” amid the currently harsh macro environment, according to RBC Capital Markets. The Danaher Analyst: Deane Dray...
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'A Statement Of Confidence': General Electric Analysts React To Breakup Plans
Wednesday, November 10, 2021 - 2:50pm | 444General Electric Company (NYSE: GE) shares pulled back 1% on Wednesday after rallying on Tuesday following news the company is planning to break into three different entities. GE announced it will divide into three different companies focusing on aviation, health care and energy. GE is hoping the...
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RBC Downgrades Danaher, Says Defensive Portfolio 'Less Compelling To Own'
Wednesday, November 25, 2020 - 4:49pm | 337Science and technology company Danaher Corporation (NYSE: DHR) boasts a high-quality and defensive portfolio that has become "less compelling to own" ahead of a cyclical recovery into 2021, according to RBC Capital Markets. The Analyst: Deane Dray downgraded Danaher from Outperform to...
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Analysts React To GE's Mixed Quarter
Friday, February 1, 2019 - 10:57am | 507General Electric Co. (NYSE: GE) stock surged more than 10 percent Thursday, its best day in nine years. The strong move came following GE’s fourth-quarter earnings report in which the company reported a revenue beat and an earnings miss. GE guided for “low-to-mid single digits”...
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RBC Upgrades Honeywell, Downgrades United Technologies
Friday, January 4, 2019 - 4:41pm | 461RBC Capital Markets upgraded aerospace and industrial company Honeywell International Inc. (NYSE: HON) this week in the wake of its business spinoffs and issued a "soft" downgrade of aerospace and defense industry stalwart United Technologies Corporation (NYSE: UTX) as...
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GE Grabs A Pair Of New Upgrades Following CEO Change
Tuesday, October 2, 2018 - 11:46am | 384After a big day of gains following an unexpected CEO transition, General Electric Company (NYSE: GE) received some more good news on Tuesday in the form of a pair of Wall Street upgrades. The Analyst Wolfe Research analyst Nigel Coe upgraded GE from Peer Perform to Outperform and raised his price...
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RBC: 3M Remains One Of The Strongest Industrials
Thursday, May 3, 2018 - 2:02pm | 3083M Co (NYSE: MMM)’s downslope over the past four months has created a potentially attractive entry point for what RBC Capital Markets views as one of the strongest multi-industry stocks. The Analyst RBC's Deane Dray upgraded 3M from Sector Perform to Outperform and lifted the stock...
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Johnson Controls Has 'Persistently Underwhelming' Growth, Cash Generation, RBC Says In Bearish Turn
Thursday, April 5, 2018 - 3:27pm | 361Johnson Controls International (NYSE: JCI)’s fiscal 2018 cash flow pressures and cuts to 2020 targets drove RBC Capital Markets to downgrade the stock on Thursday. The Analyst Deane Dray of RBC Capital Markets downgraded Johnson Controls from Sector Perform to Underperform and lowered the...
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For General Electric, It's All About Short-Term Execution And Long-Term Transformation
Monday, October 19, 2015 - 8:29am | 319General Electric Company (NYSE: GE) shares have risen 16.85 percent over the past month, reaching a high of $29.07 on October 16. RBC Capital’s Deane Dray has maintained an Outperform rating on the company, while raising the price target from $30 to $32. While the company’s...
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RBC Downgrades United Technologies; Stock Falls
Tuesday, October 13, 2015 - 1:13pm | 391RBC Capital Markets downgraded United Technologies Corporation (NYSE: UTX) from Outperform to Sector Perform on Tuesday. The firm also trimmed its price target on the stock from $113.00 to $110.00. Shares of United Technologies are down more than 1 percent on Tuesday trading. In a report issued...