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Fly News Breaks for July 26, 2017
CAT
Jul 26, 2017 | 07:59 EDT
Credit Suisse analyst Jamie Cook raised his price target for Caterpillar to $133 from $123 saying that in addition to its broader end markets recovering, in particular China Construction, NA gas compression and Resource, the company is delivering "impressive" EPS. Moreover, the analyst continues to believe the EPS power of Caterpillar is underappreciated, and reiterates the stock as one of his top picks. The analyst has an Outperform rating on the shares.
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