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Benzinga
Benzinga
Business
Priya Nigam

Caterpillar In Prime Position As Data Centers Seek Faster, More Reliable Power

CAT Caterpillar Solar ET Raymond James
cat data center dall-e

Caterpillar Inc (NYSE:CAT) is well positioned to benefit from the trend of data center operators increasingly looking for speed-to-power and reliability, which has "opened more doors for Solar outside of its traditional stronghold in the O&G market," according to Raymond James.

The Caterpillar Analyst: Analyst Tim Thein reiterated a Market Perform rating on the stock.

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