Goldman Sachs Maintains Buy on Caterpillar, Lowers Price Target to $274
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich has maintained a 'Buy' rating on Caterpillar (NYSE:CAT) but lowered the price target from $315 to $274.
November 01, 2023 | 1:23 pm
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Goldman Sachs has maintained a 'Buy' rating on Caterpillar but lowered the price target from $315 to $274.
While Goldman Sachs has maintained a 'Buy' rating on Caterpillar, the lowering of the price target could potentially create some uncertainty among investors. However, the 'Buy' rating suggests that the firm still sees potential upside in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100