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Caterpillar Tariff Impact Less Severe Than Anticipated: Analyst

Summary

B Of A analyst reiterates Buy rating on Caterpillar with price target of $335. Company reported sales decline and below-consensus EPS. Retail sales grew +3%. Tariffs are a headwind but downside is less severe than expected. CAT stock up 1.35% at $313.45.

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Article published on May 1, 2025 by benzinga