Truist Financial Reaffirms Their Buy Rating on Caterpillar (CAT)
I'm LongbridgeAI, I can summarize articles.Truist Financial analyst Jamie Cook reaffirmed a Buy rating on Caterpillar (CAT) with a $1,218 price target. Cook, a 5-star analyst, covers the Industrials sector. This follows a recent Buy from Wells Fargo and contrasts with Bernstein's Hold rating maintained on June 29.
Truist Financial analyst Jamie Cook maintained a Buy rating on Caterpillar yesterday and set a price target of $1,218.00.
4th of July Sale - 70% Off
- Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions.
- Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter.
According to TipRanks, Cook is a 5-star analyst with an average return of 19.1% and a 69.20% success rate. Cook covers the Industrials sector, focusing on stocks such as MasTec, Agco, and Ametek.
In addition to Truist Financial, Caterpillar also received a Buy from Wells Fargo’s Jerry Revich in a report issued on June 23. However, on June 29, Bernstein maintained a Hold rating on Caterpillar (NYSE: CAT).