Raymond James Upgrades Caterpillar (CAT) to Strong Buy, Maintains $135 Target
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Price: $856.57 +0.23%
Rating Summary:
23 Buy, 21 Hold, 4 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
23 Buy, 21 Hold, 4 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Shares of Caterpillar (NYSE: CAT) are trading modestly higher in pre-market action Monday following an upgrade from Raymond James.
The firm now rates Cat shares a Strong Buy, up from Outperform previously. Raymond James maintains a $135 price target on shares of Caterpillar.
With the stock last trading at $96.36, the firm's price target represents potential upside of about 40 percent.
For more ratings news on Caterpillar click here and for the rating history of Caterpillar click here.
The firm now rates Cat shares a Strong Buy, up from Outperform previously. Raymond James maintains a $135 price target on shares of Caterpillar.
With the stock last trading at $96.36, the firm's price target represents potential upside of about 40 percent.
For more ratings news on Caterpillar click here and for the rating history of Caterpillar click here.
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