Truist Securities Reiterates Buy on Caterpillar, Raises Price Target to $399
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has reiterated its Buy rating on Caterpillar (NYSE:CAT) and raised the price target from $390 to $399.
August 07, 2024 | 1:01 pm
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Truist Securities has reiterated its Buy rating on Caterpillar and raised the price target from $390 to $399.
The reiteration of a Buy rating and an increase in the price target by a reputable analyst firm like Truist Securities is likely to positively impact investor sentiment and drive short-term price appreciation for Caterpillar.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100