Analysts Are Bullish on These Industrial Goods Stocks: Brookfield Business Partners (BBU), Caterpillar (CAT)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Brookfield Business Partners (BBU – Research Report) and Caterpillar (CAT – Research Report) with bullish sentiments.
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Brookfield Business Partners (BBU)
Scotiabank analyst Phil Hardie maintained a Buy rating on Brookfield Business Partners today and set a price target of $40.00. The company’s shares closed last Friday at $35.02.
According to TipRanks.com, Hardie is a top 100 analyst with an average return of
Brookfield Business Partners has an analyst consensus of Strong Buy, with a price target consensus of $38.28, representing a 9.4% upside. In a report issued on January 26, RBC Capital also maintained a Buy rating on the stock with a $43.00 price target.
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Caterpillar (CAT)
In a report released today, Michael Ciarmoli from Truist Financial maintained a Buy rating on Caterpillar, with a price target of $786.00. The company’s shares closed last Friday at $657.36.
According to TipRanks.com, Ciarmoli is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Caterpillar with a $682.94 average price target, which is a 4.2% upside from current levels. In a report issued on January 29, TipRanks – DeepSeek also upgraded the stock to Buy with a $720.00 price target.
