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Fly News Breaks for September 14, 2017
CAT
Sep 14, 2017 | 07:58 EDT
Following Caterpillar's Analyst Day, BMO Capital analyst Joel Tiss believes that the company's " revamped strategy focused on improving the customer experience should pay dividends." The analyst estimates that the company's EPS can reach $9-$11 if its generates its "baseline revenue" figure of $55B. He raised his price target on the shares to $150 from $130 and keeps an Outperform rating on the stock.
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