Oppenheimer Maintains Perform on Caterpillarto Perform
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer has maintained its Perform rating on Caterpillar (NYSE:CAT), indicating no change in its investment outlook for the company.
April 18, 2024 | 12:55 pm
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Oppenheimer maintains a Perform rating on Caterpillar, suggesting a neutral outlook on the stock's short-term performance.
The maintenance of a Perform rating by Oppenheimer indicates that the analyst firm does not foresee significant short-term price movement for Caterpillar's stock. This rating suggests that Oppenheimer believes Caterpillar's stock performance will align closely with market or sector performance, without significant outperformance or underperformance.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100