Option Millionaires

[uranium-pinto-beans]

$CAT Caterpillar target raised earlier to $264 at Cowen -- Best ideas for 2023: well positioned for infrastructure and mining replacement (231.63 +0.71)
Cowen raises their CAT tgt to $264 from $240. Analyst Matt Elkott added, "We've long held that this cycle's peak will come in 2024 or later for CAT. We think the Street is just starting to warm up to this view. Recent checks suggest that infrastructure projects are beginning to trickle into the machinery sector, likely kicking off a multiyear cycle. We see incremental revenue opportunities north of $30Bn for CAT from autonomy and automation in the next 10 years."