U.S. business borrowing for equipment rises 10 percent in March: ELFA
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Caterpillar (CAT) PT Raised to $102 at UBS Following Strong 1Q Print; 'Earnings Upside is Priced In'
April 27, 2017 10:02 AM EDTUBS raised its price target on Caterpillar (NYSE: CAT) to $102.00 (from $98.00) while maintaining a Neutral rating, following the company's first quarter report.
Analyst Steven Fisher notes the company encouraging activity from Chinese construction, mining companies and oil & gas rebuild leading to positive volumes,... More
Caterpillar (CAT) PT Raised to $111 at Stifel; Reiterates Hold
April 26, 2017 8:17 AM EDTStifel raised its price target on Caterpillar (NYSE: CAT) to $111.00 (from $95.00) while maintaining a Hold rating. First quarter ME&T revenues increased 4% y/y to $9.130 billion. Volume and price gains contributed 3.1% and 1.0%, respectively.
Stifel's 2017 EPS estimates shift from $2.96 to $3.91 on $40.178 billion in revenue. 2018 EPS... More
