Caterpillar stock price target raised to $594 by BofA on turbine growth
PositiveFinancial Markets

Caterpillar's stock price target has been raised to $594 by Bank of America, driven by anticipated growth in the turbine sector. This adjustment reflects confidence in Caterpillar's strategic positioning and innovation in energy solutions, which could lead to increased investor interest and market performance. As the demand for sustainable energy solutions rises, Caterpillar's focus on turbine technology may enhance its competitive edge and profitability.
— Curated by the World Pulse Now AI Editorial System