UPDATE: Morgan Stanley Reiterates Equal-Weight Rating, $70 PT on Eaton on Electrical Investor Day


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


In a report published Tuesday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating and $70.00 price target on Eaton (NYSE: ETN).


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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In the report, Morgan Stanley noted, “We came away from ETN's Electrical Investor Day with greater visibility of its $590m revenue synergy plan. However, with limited quantitative details at this stage, we remain conservative by modeling ~50% of mgmt's guided top line benefits, but see opportunities for most cost synergies vs. plan.”

Eaton closed on Friday at $68.23.

Posted In: Analyst ColorReiterationAnalyst RatingsMorgan StanleyNigel Coe