Citi raised the firm’s price target on Caterpillar (CAT) to $420 from $370 and keeps a Buy rating on the shares. The firm updated price targets and its machinery views to reflect the current environment.
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Read More on CAT:
- Caterpillar price target raised to $414 from $396 at Truist
- Caterpillar price target raised to $422 from $395 at Baird
- Caterpillar’s Strategic Positioning and Operational Enhancements Lead to Hold Rating
- Caterpillar’s Growth Potential in Energy & Transportation Drives Buy Rating
- Caterpillar Increases Dividend Following Shareholders Meeting