Baird Maintains Underperform on Caterpillar, Raises Price Target to $234
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mircea Dobre maintains an Underperform rating on Caterpillar (NYSE:CAT) and raises the price target from $183 to $234.
August 04, 2023 | 10:46 am
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Baird maintains an Underperform rating on Caterpillar but raises the price target from $183 to $234.
The news is directly about Caterpillar. Despite the Underperform rating, the raised price target could indicate a potential upside, which might have a neutral impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100