With 2022 sales and revenues of $59.4 billion, Caterpillar Inc. (NYSE:CAT) is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment.
Citigroup analyst Timothy Thein maintains Caterpillar (NYSE:CAT) with a Neutral and raises the price target from $240 to $270.
Citigroup raises Caterpillar (NYSE:CAT) price target from $240 to $270 Read Post »
Tigress Financial analyst Ivan Feinseth maintains Caterpillar (NYSE:CAT) with a Buy and raises the price target from $266 to $282.
Tigress Financial raises Caterpillar (NYSE:CAT) price target from $266 to $282 Read Post »
Credit Suisse analyst Jamie Cook maintains Caterpillar (NYSE:CAT) with a Outperform and lowers the price target from $307 to $279.
Credit Suisse lowered Caterpillar (NYSE:CAT) price target from $307 to $279 Read Post »
Baird analyst Mircea Dobre downgrades Caterpillar (NYSE:CAT) from Neutral to Underperform and lowers the price target from $230 to $185.
Baird lowered Caterpillar (NYSE:CAT) price target from $230 to $185 Read Post »
UBS Adjusts Price Target on Caterpillar (NYSE:CAT) to $210 From $225, Maintains Sell Rating.
UBS Adjusts Price Target on Caterpillar (NYSE:CAT) to $210 From $225 Read Post »
CEO of Caterpillar (NYSE:CAT): The U.S. non-residential real estate market is improving and construction activity is strong; The Company’s sales and profit position is expected to improve year-on-year. There are still some practical challenges in the supply chain; Chip supply has yet to return to pre-pandemic levels.