Caterpillar raised at Baird as negative catalysts now baked into expectations

From Investing.com: 2025-05-01 10:11:00

Caterpillar’s stock was upgraded by Baird due to negative factors already factored in. Shares rose 1.2% to $191.79 on Monday. The construction equipment maker is expected to benefit from strong demand in the infrastructure and construction sectors. Baird raised its price target to $214 from $204.



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