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Eaton Corp Upgraded to “Outperform” at Robert Baird (ETN)

Power management specialist Eaton Corporation ( ETN ) on Friday caught a big upgrade from analysts at Robert Baird. The firm said it boosted its rating on ETN from “Neutral” to “Outperform” with a $130 price target. That target implies a 30% upside from the stock’s Thursday closing price of $100.21. A Robert Baird analyst noted the company should see higher spending over the next few quarters. Eaton Corp shares rose $1.99, or +2%, in premarket trading Friday. The Bottom Line We have been recommending shares of Eaton Corp ( ETN ) since Nov.24, when the stock was trading at $95.81. The company has a 2.32% dividend yield, based on last night’s closing stock price of $100.21. Eaton Corporation ( ETN ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Pharmasset (Nasdaq:VRUS) Pipeline Still in Early Stages

Filed in baird, earnings, Gold Bullion prices, o, Pharmasset, shares by on November 26, 2010 0 Comments

Baird said they continue to recommend shares of Pharmasset (Nasdaq:VRUS), although it must be understood they they’re still in the early stage of developing their pipeline.Baird said, “Continue to recommend purchase on confirmatory FQ4-10 update. There were a few bits of incremental progress, in line with expectations and likely not stock-moving. We view Phase 2 data rollout as the best

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