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Fly News Breaks for April 26, 2017
CAT
Apr 26, 2017 | 07:46 EDT
Credit Suisse analyst Jamie Cook raised his price target for Caterpillar to $123 from $111 after it more than doubled consensus Q1 EPS and raised its 2017 outlook by 29%. Further, the analyst views the guidance as "prudently conservative" given it is the first quarter. He reiterates an Outperform rating on the shares.
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