Eaton Corporation plc (NYSE:ETN) is one of the Trending AI Stocks on Wall Street. On September 12, BNP Paribas Exane analyst Andrew Buscaglia reiterated an Outperform rating on the stock with a $413.00 price target. According to the analysts, Oracle’s remarkable backlog demonstrates how big the AI-driven growth opportunity is. A similar surge is anticipated for Eaton in its order backlog as customers spend more on equipment needed to power AI data centers. “We view Oracle’s backlog, supported by multi-y ...