B of A Securities Maintains Buy on Caterpillar, Raises Price Target to $434
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Michael Feniger has maintained a Buy rating on Caterpillar and raised the price target from $376 to $434.
September 30, 2024 | 3:50 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
B of A Securities has maintained a Buy rating on Caterpillar and increased the price target from $376 to $434, indicating a positive outlook.
The Buy rating and increased price target from a reputable analyst suggest a positive outlook for Caterpillar's stock, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100