TD Cowen Maintains Outperform on Caterpillar, Raises Price Target to $320
Portfolio Pulse from jenniferd'souza@benzinga.com
TD Cowen analyst Matt Elkott maintains an Outperform rating on Caterpillar (NYSE:CAT) and raises the price target from $287 to $320.
August 04, 2023 | 11:27 am
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TD Cowen analyst Matt Elkott maintains an Outperform rating on Caterpillar and raises the price target from $287 to $320.
The raised price target by TD Cowen analyst indicates a positive outlook for Caterpillar. This could potentially attract more investors, driving the stock price up in the short term.
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