The Latest Analyst Ratings for Caterpillar
Portfolio Pulse from Benzinga Insights
In the last 3 months, 9 analysts have provided 12-month price targets for Caterpillar (NYSE:CAT), with an average price target of $238.11, down 3.16% from the previous average of $245.88. The ratings include 2 bullish, 2 somewhat bullish, 2 indifferent, and 3 somewhat bearish.
June 22, 2023 | 1:00 pm
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Caterpillar's average 12-month price target is $238.11, down 3.16% from the previous average, with mixed analyst ratings in the last 3 months.
The mixed analyst ratings for Caterpillar indicate uncertainty in the stock's short-term performance. The decrease in the average price target suggests a potential downside, but the presence of both bullish and bearish ratings makes it difficult to predict a clear short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100