Cat Financial Announces Third-Quarter 2017 Results
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Caterpillar (CAT) PT Raised to $152 at BofA/Merrill Lynch
October 25, 2017 9:10 AM EDTBofA/Merrill Lynch raised its price target on Caterpillar (NYSE: CAT) to $152.00 (from $135.00) while maintaining a Buy rating.
Analyst Ross Gilardi highlighted:
Dealer inventories below historical average Mining getting better: recovery still in early innings Focus on gas compression more than a rig count story
... More
Caterpillar (CAT) PT Raised to $140 at Baird Following 3Q
October 25, 2017 8:42 AM EDTBaird raised its price target on Caterpillar (NYSE: CAT) to $140.00 (from $130.00) while maintaining a Neutral rating following the company's 3Q report. CAT reported adjusted EPS of $1.95, above consensus of $1.27.
2017 guidance was raised, given recent dealer inventory dynamics 4Q appears to have upside. CAT expects 2017... More
