Barclays Maintains Equal-Weight on Caterpillar, Raises Price Target to $335
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adam Seiden maintains an Equal-Weight rating on Caterpillar (NYSE:CAT) and raises the price target from $315 to $335.
August 07, 2024 | 4:42 pm
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Barclays analyst Adam Seiden maintains an Equal-Weight rating on Caterpillar and raises the price target from $315 to $335.
The raised price target from $315 to $335 by Barclays suggests a positive outlook for Caterpillar's stock, which could lead to a short-term price increase. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
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