UBS raised the firm’s price target on Caterpillar (CAT) to $581 from $506 and keeps a Neutral rating on the shares. Caterpillar’s Q3 beat highlights growth in Construction, Oil & Gas, and Power Generation, driving upward revisions to estimates, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAT: