Analysts Weigh In on Industrial Goods Sector: CAT and AAL in Focus
Analysts have been weighing in on two industrial goods companies: Caterpillar (CAT) and American Airlines (AAL). Angel Castillo from Morgan Stanley reiterated a Hold rating on CAT, with a price target of $915.00. This is lower than the current share price of $826.35.
CAT has an analyst consensus of Moderate Buy, with a price target consensus of $1008.33, which is a 24.4% upside from current levels. Barclays also maintains a Hold rating on the stock with a $900.00 price target.
On the other hand, Thomas Fitzgerald CFA from TD Cowen maintained a Buy rating on American Airlines (AAL) with a price target of $15.00. The company's shares closed last Thursday at $13.13. The word on The Street suggests a Moderate Buy analyst consensus rating for AAL with a $17.29 average price target, a 30.3% upside from current levels.