Wells Fargo Maintains Equal-Weight on Caterpillar, Raises Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Seth Weber maintains an Equal-Weight rating on Caterpillar (NYSE:CAT) and raises the price target from $240 to $285.
August 04, 2023 | 11:16 am
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Wells Fargo maintains an Equal-Weight rating on Caterpillar and raises the price target from $240 to $285.
The raised price target by Wells Fargo 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