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24/7 Wall St. analysts rate Caterpillar (CAT) a 'Buy' with 90% confidence, citing record Q2 revenue of $20.54B and 92% backlog growth to $72B driven by AI data center demand.
24/7 Wall St. analysts rate Caterpillar (CAT) a 'Buy' with 90% confidence, citing record Q2 revenue of $20.54B and 92% backlog growth to $72B driven by AI data center demand. The firm set a price target of $867.90, implying 5.52% upside from the current $822.48 share price, as the Power Generation product line grew 72% in Q2 on data center demand, with backlog visibility extending to 2030.
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Source：Yahoo财经 · Source Link
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