Barclays Maintains Equal-Weight on Caterpillar, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adam Seiden maintains an Equal-Weight rating on Caterpillar (NYSE:CAT) and raises the price target from $225 to $250.
August 04, 2023 | 10:49 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays maintains an Equal-Weight rating on Caterpillar and raises the price target from $225 to $250, which could potentially attract investors.
The raised price target by Barclays indicates a positive outlook for Caterpillar. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100