Baird lowered the firm’s price target on Caterpillar (CAT) to $495 from $500 and keeps an Outperform rating on the shares. The firm updated its model followingthe company’s tariff guidance.
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Read More on CAT:
- Caterpillar price target lowered to $480 from $493 at Oppenheimer
- Caterpillar Faces Financial Strain Amid Rising Tariff Costs and Competitive Pressures
- Caterpillar Buy Rating: Navigating Tariff Challenges and Anticipating 2026 Growth
- Caterpillar Faces Significant Tariff Impact in Q3 2025
- Caterpillar sees roughly $500M-$600M impact from tariffs in Q3