Caterpillar Inc. Maintains Dividend

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Cowen Starts Caterpillar (CAT) at Outperform

October 14, 2021 5:56 AM EDT

Cowen analyst Matt Elkott initiates coverage on Caterpillar (NYSE: CAT) with a Outperform rating and a price target of $241.00.

The analyst comments "Our analyses of NA rail loadings suggest favorable momentum for CATs NA businesses and lead us to identify a pandemic-induced... More