Wall Street Firms Bullish on Caterpillar Inc. (CAT) on Industry Outlook amid Dividend Offering

Caterpillar Inc. (NYSE:CAT) is one of the best forever stocks to buy according to hedge funds. On December 11, analysts at Citi raised Caterpillar Inc. (NYSE:CAT)’s price target to $690 from $670 while reiterating a Buy rating. The price target hike comes as the research firm remains confident about the machinery group outlook. The firm maintains a strong conviction in the construction and mining sectors, expecting continued growth heading into next year. Wall Street Firms Bullish on Caterpillar Inc. (CAT ...