HomeBusinessIndustrialsCaterpillar (CAT): Why You Should Watch The Machinery Sector This Year
Caterpillar (CAT): Why You Should Watch The Machinery Sector This Year

Caterpillar (CAT) inventories are still low with strong demand drivers, according to a Melius Research analyst note. Rob Wertheimer discusses the outlook for CAT in 2023. He notes that Melius Research has a $284 price target on CAT and a buy rating. He also talks about why you should watch the machinery sector this year. Tune in to find out more about the stock market today.

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