Tigress Financial raised the firm’s price target on Caterpillar to $295 from $282 and keeps a Buy rating on the shares. The analyst says the company remains well positioned to benefit from the global growth in construction, commodities demand, and ongoing infrastructure spending. The firm views the recent pullback in the shares as a buying opportunity.
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Read More on CAT:
- Caterpillar price target lowered to $266 from $294 at DA Davidson
- Caterpillar price target lowered to $275 from $330 at Argus
- Caterpillar price target lowered to $260 from $285 at Wells Fargo
- Caterpillar price target lowered to $300 from $320 at TD Cowen
- Caterpillar price target lowered to $290 from $320 at JPMorgan
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