Caterpillar (CAT) 'Back on Track for Higher Profits & Rising Share Price' According to Barron's

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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 EDT

UBS 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