Credit Suisse analyst Jamie Cook maintained a Buy rating on Caterpillar (CAT - Research Report) today and set a price target of $255.00. The company's shares closed yesterday at $212.14.Cook covers the Industrial Goods sector, focusing on stocks such as Caterpillar, Illinois Tool Works, and Parker Hannifin. According to TipRanks, Cook has an average return of 10.8% and a 59.07% success rate on recommended stocks. In addition to Credit Suisse, Caterpillar also received a Buy from Robert W. Baird's Mircea Dobre in a report issued yesterday. However, today, Deutsche Bank downgraded Caterpillar (NYSE: CAT) to a Hold.
https://www.tipranks.com/news/blurbs/credit-suisse-sticks-to-its-buy-rating-for-caterpillar-cat?utm_source=advfn.com&utm_medium=referral
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