-
Caterpillar's Secret Weapon: Data Centers Could Fuel A New Rally
Wednesday, March 18, 2026 - 12:59pm | 354Read More...Caterpillar Inc. (NYSE:CAT) remains a top pick at BofA Securities, with analysts highlighting strong multi-year growth drivers. • Caterpillar stock is showing positive momentum. What’s the outlook for CAT shares? BofA Securities analyst Michael Feniger maintains a Buy rating on...
-
Caterpillar Is Doubling Capacity: Here's What To Watch
Tuesday, December 2, 2025 - 3:55pm | 372Read More...While Caterpillar Inc.'s (NYSE:CAT) power portfolio is in the "sweet spot" for on-site power for data centers, the company stands out as a "clear market leader" in terms of air permits, although there are some factors to consider, according to BofA Securities. • CAT shares are trending higher...
-
BofA Securities Stays Bullish On Caterpillar: 'Surprisingly Durable' US Economy, Global Momentum
Tuesday, June 3, 2025 - 2:08pm | 447Read More...BofA Securities analyst Michael Feniger maintained a Buy rating on Caterpillar Inc. (NYSE:CAT) with a price forecast of $385. On Monday, the analyst held an event featuring Caterpillar Group President of Construction Industries Tony Fassino. Feniger writes that despite ongoing uncertainties...
-
Caterpillar Is 'Holding The Line' On Earnings, Despite Macro Slowdown: Analyst Takeaways From Q2 Results
Wednesday, August 7, 2024 - 2:08pm | 664Read More...Caterpillar Inc. (NYSE:CAT) shares are climbing on Wednesday, after the company reported strong second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On Caterpillar Analyst Michael Feniger reiterated a Buy rating while...
-
Why This Cummins Analyst Is Downshifting On The Stock
Friday, January 19, 2024 - 1:33pm | 307Read More...Cummins Inc. (NYSE: CMI) has been in focus amid a record-breaking penalty and recalls of Ram Trucks. Although the company has a healthy balance sheet and the position of a market leader, the consensus earnings expectations appear high, according to BofA Securities. The Cummins Analyst: Michael...
-
'A Good House On A Great Block': Analyst Upgrades Waste Management Firm, Praises M&A Strategy
Friday, October 21, 2022 - 10:32am | 241Read More...While GFL Environmental Inc’s (NYSE: GFL) stock has significantly underperformed peers year to date, many of the concerns weighing on sentiment are likely to improve over the next six to twelve months, according to BofA Securities. The Analyst: Michael Feniger upgraded the rating for GFL...
-
Analyst: Black & Decker's Defensive Margin Strategy May Stunt Competitiveness
Tuesday, May 12, 2020 - 4:22pm | 398Read More...Stanley Black & Decker, Inc. (NYSE: SWK) has recovered some of its March coronavirus losses, but it still trades down 16% year over year and 33% year to date. One analyst team sees limits to the company’s recovery. The Black & Decker Rating Bank of America analysts Ross Gilardi and...
-
Deere Trades higher After Major Q1 Earnings Beat
Friday, February 21, 2020 - 11:54am | 365Read More...Deere & Company (NYSE: DE) far exceeded the Street’s first-quarter expectations. The company's $1.63 bottom line beat $1.26 consensus estimates, while sales of $7.63 billion surpassed forecasts of $6.42 billion. For the most part, investors liked what they saw. Shares traded up 7.1%...
-
Best In Class For Trash: Bank Of America Names Waste Connections A Buy
Friday, December 22, 2017 - 3:12pm | 373Read More...Waste Connections Inc (USA) (NYSE: WCN) managed to win Bank of America Merrill Lynch's approval as being the best-in-class operator, with a high degree of visibility. The Analyst BofA analyst Michael Feniger initiated coverage of Waste Connections with a Buy rating and $80 price target. The...
-
Merrill Lynch: Tesla Semi Announcement Could Be A Reason To Buy Allison Transmission
Tuesday, November 14, 2017 - 12:28pm | 483Read More...The long-delayed unveiling of Tesla Inc (NASDAQ: TSLA)’s semi-truck is finally here, and hype surrounding the Thursday event already catalyzed a 4-percent run in the stock. Tesla Semi Truck unveil to be webcast live on Thursday at 8pm! This will blow your mind clear out of your skull and into...
-
Allison Transmission Gets Boost From Bank Of America: Here's What Made Investors Buy
Wednesday, March 2, 2016 - 10:42am | 251Read More...On Wednesday, Bank of America Merrill Lynch issued a company note on Allison Transmission Holdings Inc (NYSE: ALSN) following share price underperformance in 2016. Analysts at Bank of America Merrill Lynch upgraded Allison Transmission from Neutral to Buy, while increasing their price target from $...










