Check Out What Whales Are Doing With CAT
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Caterpillar (NYSE:CAT), with 53% of detected trades having bullish expectations and 46% bearish. Whales have been targeting a price range of $200 to $230 for Caterpillar over the last 3 months. Tigress Financial and DA Davidson maintain Buy and Outperform ratings, respectively, while Baird maintains an Underperform rating.
June 06, 2023 | 3:04 pm
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Whale investor bullish on Caterpillar, targeting a price range of $200 to $230. Mixed ratings from Tigress Financial, DA Davidson, and Baird.
The news of a whale investor taking a bullish stance on Caterpillar, along with the mixed ratings from financial firms, indicates that there is potential for short-term price growth. The targeted price range of $200 to $230 by whales also supports this outlook. However, the mixed ratings from analysts suggest that there may be some uncertainty in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100