Goldman Sachs lifts the strengths of Caterpillar despite the profit – Caterpillar (NYSE: CAT)

The Goldman Sachs analyst Jerry Revich expressed views Caterpillar Inc. CAT The win in the first quarter reported on Wednesday.

The analyst contributed a merchanting with a price target of USD 388.

The company reported a decline in sales and sales of 9.8% to $ 14.25 billion compared to the previous year, which missed the consensus of $ 14.66 billion.

The adapted EPS of 4.24 US dollars fell under the consensus of $ 4.35.

Caterpillar assumes

The analyst notes that the company had reported a solid performance with a profit of 2% compared to Goldman Sachs and a moderate 200-300-basis counter-wind of tariffs before the reduction.

In addition, the company recorded a strong order growth of 20%, which led to a 1.37-fold book-to-Bill ratio and a season-adjusted dealer die of $ 400 million, adds the analyst.

The analyst estimates EPS of $ 19.26 in 2025, $ 21.27 in 2026 and $ 23.04 in 2027.

Investors can transmit via the share Reinforcement of the CWP increased dividend income -ETF Divo And Global X Funds Global X Dow 30 Covered Call ETF Djia.

Price action: At the last check, the cat shares decreased by 1.2% at $ 303.21 on Wednesday.

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