Baird raised the firm’s price target on Caterpillar (CAT) to $1,165 from $940 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results as the company is firing on all cylinders.
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Read More on CAT:
- Caterpillar price target raised to $980 from $832 at Oppenheimer
- Caterpillar price target raised to $1,125 from $860 at JPMorgan
- Caterpillar price target raised to $800 from $700 at Barclays
- Angel Castillo Lifts Caterpillar Price Target to $915 but Maintains Hold on Balanced Risk‑Reward and Full Valuation
- Caterpillar upgraded to Equal Weight from Underweight at Morgan Stanley