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Analysts Conflicted on These Industrial Goods Names: Caterpillar (CAT) and Euroseas (ESEA)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Caterpillar (CATResearch Report) and Euroseas (ESEAResearch Report).

Caterpillar (CAT)

BMO Capital analyst John Joyner maintained a Hold rating on Caterpillar today and set a price target of $230.00. The company’s shares closed last Wednesday at $207.94.

According to TipRanks.com, Joyner is a 2-star analyst with an average return of 0.3% and a 50.0% success rate. Joyner covers the Industrial Goods sector, focusing on stocks such as John Bean Technologies, Parker Hannifin, and Kennametal.

Currently, the analyst consensus on Caterpillar is a Moderate Buy with an average price target of $239.08.

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Euroseas (ESEA)

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Buy rating on Euroseas, with a price target of $54.00. The company’s shares closed last Wednesday at $24.97.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 17.7% and a 45.1% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Ceco Environmental, and Seanergy Maritime.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Euroseas with a $50.67 average price target, a 104.6% upside from current levels. In a report issued on May 4, Noble Financial also maintained a Buy rating on the stock with a $49.00 price target.

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