Caterpillar Downgraded, Price Targets Adjusted
Key points:
- Caterpillar's price targets range from $175 to $441
- Caterpillar holds average 'hold' investment rating
Stifel has recently downgraded Caterpillar from Buy to Hold, concurrently raising the price target to $350 from the previous $293. Bernstein adjusted the price target for Caterpillar to $299 from $276. TD Cowen also made adjustments to Caterpillar's price target, raising it to $340 from $338. Caterpillar currently holds an average investment rating of 'hold' among analysts. The price targets for Caterpillar, as set by various analysts, range from $175 to $441.