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Oppenheimer Reiterates “Buy”, Raises PT On Eaton Corp (ETN)

Oppenheimer reported on Tuesday that it is maintaining an “Outperform” rating on the Ohio-based power management company Eaton Corp (ETN), but went on to raise its price target for the stock. After meeting with Eaton’s management team, analyst Christopher Glynn reported some encouraging prospects for the company. Glynn noted that, “Near-term capital allocation priorities remain […]

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The Deal: Blackstone’s Hilton Chain Checks Out $1.25B IPO

NEW YORK (TheStreet) — Blackstone Group (BX) is taking hotel operator Hilton Worldwide Holdings public in an IPO that is expected to raise up to $1.25 billion, according to a Thursday, Sept. 12, regulatory filing. McLean, Va.-based Hilton owns and franchises a portfolio of 4,041 hotels in 90 countries and territories. The company’s brands include […]

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Cramer’s 6 Stocks in 60 Seconds: WAG LINE KRO HPQ KO P (Update 1)

Check out Jim Cramer’s latest trading recommendations on “Action Alerts Plus”. (Updates from 10:24 a.m. ET with closing information.) NEW YORK (TheStreet) — Here’s what Jim Cramer had to say on CNBC’s “Squawk on the Street”Thursday. Goldman Sachs made Walgreen (WAG) a conviction buy selection, but Cramer warned the stock is getting rich in valuation. […]

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