Analysts Are Bullish on Top Industrial Goods Stocks: Caterpillar (CAT), GE Vernova Inc. (GEV)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Caterpillar (CAT) and GE Vernova Inc. (GEV) with bullish sentiments.
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Caterpillar (CAT)
In a report released today, Sherif El-Sabbahy from Bank of America Securities maintained a Buy rating on Caterpillar, with a price target of $825.00. The company’s shares closed last Friday at $794.65.
According to TipRanks.com, El-Sabbahy is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Caterpillar with a $754.94 average price target, a -3.3% downside from current levels. In a report issued on April 9, Truist Financial also maintained a Buy rating on the stock.
See the top stocks recommended by analysts >>
GE Vernova Inc. (GEV)
In a report released today, David Arcaro from Morgan Stanley maintained a Buy rating on GE Vernova Inc., with a price target of $960.00. The company’s shares closed last Friday at $1002.75.
According to TipRanks.com, Arcaro is a 5-star analyst with an average return of
GE Vernova Inc. has an analyst consensus of Strong Buy, with a price target consensus of $961.85, implying a -2.7% downside from current levels. In a report issued on April 7, Goldman Sachs also maintained a Buy rating on the stock with a $1000.00 price target.
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