Wall Street Bulls Look Optimistic About Caterpillar (CAT): Should You Buy?

2026-04-10 03:39:36

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Wall Street analysts show optimism for Caterpillar (CAT) with an average brokerage recommendation (ABR) equivalent to a Buy. However, the article highlights that ABRs often have a positive bias and suggests using the Zacks Rank, which is based on earnings estimate revisions, as a more reliable indicator for stock price movements. Caterpillar currently holds a Zacks Rank #2 (Buy), supported by increasing earnings estimates.

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