Caterpillar (CAT) Tops Q4 EPS by 37c; Guides Above Street

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Caterpillar (CAT) PT Raised to $192 at BofA/Merrill Lynch

January 26, 2018 8:33 AM EST

BofA/Merrill Lynch raised its price target on Caterpillar (NYSE: CAT) to $192.00 (from $189.00) while maintaining a Buy rating following the company's 4Q earnings report. While investor expectations are high and the stock has had a strong run, analyst Ross Gilardi believes... More