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Tigress Financial Analyst Reiterates Buy Rating on Caterpillar, CAT


Ivan Feinseth
analyst at Tigress Financial reiterates coverage on Caterpillar (CAT) in the Industrial Goods sector with a Buy rating. TipRanks.com has Feinseth rated as a 4.8 star analyst with a 59% return on investment and a 12% success rate. Feinseth has set a price target of $ 282.

TipRanks.com reports that Caterpillar currently has 15 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $242.14. The target pricing ranges from a high forecast of $282.00 down to a low forecast of $164.00. Caterpillar (CAT)’s last closing price was $197.82 which would put the average price target at 22.40% upside.

In addition, TradingView issued a Strong Sell rating for CAT over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on CAT.

Other analysts covering CAT include:
  • John Joyner of BMO Capital issued a Hold rating with the price target of $ 230 on 2 days ago
  • Stanley Elliott of Stifel Nicolaus issued a Buy rating with the price target of $ 260 on 3 days ago
  • Matt Elkott of Cowen & Co. issued a Buy rating with the price target of $ 255 on 3 days ago
If you are interest in stocks like CAT or stocks in the Industrial Goods sector, please click here.

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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