Caterpillar Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)
Portfolio Pulse from Benzinga Insights
Caterpillar (NYSE:CAT) has received mixed analyst ratings over the past three months, with a current average 12-month price target of $349.33, up 2.87% from the previous target. Analysts have adjusted their ratings and price targets in response to market conditions, with some lowering and others raising their expectations. Despite revenue challenges, Caterpillar maintains strong profitability and financial health, though it faces debt management issues.

August 19, 2024 | 2:00 pm
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Caterpillar has received a range of analyst ratings, with a new average price target of $349.33, indicating a slight increase in expectations. Despite revenue challenges, the company shows strong profitability but faces debt management issues.
The article provides a detailed analysis of recent analyst ratings for Caterpillar, showing a mix of bullish and bearish sentiments. The average price target has increased slightly, suggesting a neutral short-term impact. However, revenue challenges and debt management issues could offset positive profitability metrics.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100