Deutsche Bank is striking a cautious tone on Dover 's stock ahead of the industrial conglomerate's upcoming earnings report. Jim Cramer is saying don't fall for it. The firm's wariness on Dover lands not long after the Federal Reserve began its rate-cutting cycle – generally seen as a positive development for economically sensitive corners of the market such as industrials. That's because lower rates are typically good for businesses' capital expenditure levels.
Barclays raised its price target on Eaton to $327 a share from $319 — right around where shares of the electrical equipment maker traded Wednesday. The analysts, who maintained their hold-equivalent rating, said investor expectations are "appropriately optimistic" for Eaton, which like Dover is benefiting from the data center buildout.