Analysts Offer Insights on Industrial Goods Companies: Caterpillar (CAT) and Nordson (NDSN)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Caterpillar (CAT – Research Report) and Nordson (NDSN – Research Report).
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Caterpillar (CAT)
In a report released today, Adam Seiden from Barclays maintained a Hold rating on Caterpillar, with a price target of $625.00. The company’s shares closed last Wednesday at $751.97.
According to TipRanks.com, Seiden is a 5-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 $709.94 average price target, a -7.2% downside from current levels. In a report issued on February 8, TipRanks – Anthropic also downgraded the stock to Hold with a $795.00 price target.
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Nordson (NDSN)
In a report released today, Jeffrey Hammond from KeyBanc reiterated a Buy rating on Nordson. The company’s shares closed last Wednesday at $299.29.
According to TipRanks.com, Hammond is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nordson with a $270.00 average price target.
