Credit Suisse Maintains Outperform on Caterpillar, Raises Price Target to $334
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Jamie Cook has maintained an 'Outperform' rating on Caterpillar (NYSE:CAT) and raised the price target from $279 to $334.
August 04, 2023 | 11:09 am
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POSITIVE IMPACT
Credit Suisse has maintained an 'Outperform' rating on Caterpillar and raised the price target from $279 to $334, which could lead to a positive market reaction.
The raised price target by Credit Suisse indicates a positive outlook for Caterpillar. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100