A number of firms have modified their ratings and price targets on shares of Caterpillar (NYSE: CAT) recently:

  • Caterpillar had its “overweight” rating reaffirmed by analysts at Barclays Capital. They now have a $120.00 price target on the stock.
  • Caterpillar had its “outperform” rating reaffirmed by analysts at William Blair. They now have a $110.00 price target on the stock.
  • Caterpillar had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $92.00 price target on the stock.
  • Caterpillar had its price target lowered by analysts at Barclays Capital to $116.00.
  • Caterpillar was downgraded by analysts at Bank of America from a “buy” rating to a “neutral” rating. They now have a $95.00 price target on the stock.
  • Caterpillar ‘s EPS estimates were cut by analysts at Citigroup. They now have a “neutral” rating and a $92.00 price target on the stock.

Caterpillar Inc. opened at 85.28 on Thursday. Caterpillar Inc. has a 52-week low of $73.60 and a 52-week high of $116.95. The company has a market cap of $55.711 billion and a price-to-earnings ratio of 9.54.

Caterpillar Inc. (Caterpillar) is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.