Barclays raised the firm’s price target on Caterpillar (CAT) to $800 from $700 and keeps an Equal Weight rating on the shares post the Q1 report. The company reported a strong quarter despite tariffs, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAT:
- 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
- Caterpillar Earnings Call Shows Growth Amid Tariff Drag
- Early notable gainers among liquid option names on April 30th
- Midday Fly By: Alphabet, Meta, Amazon, Microsoft report quarterly beats
