Caterpillar (CAT): Citigroup Raises Price Target, Maintains Buy Rating | CAT Stock News

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2026-03-20 20:41:27

Abstract generation in progress

Citigroup analyst Kyle Menges has maintained a ‘Buy’ rating for Caterpillar (CAT) and increased its price target from $760 to $785, reflecting a 3.29% rise. This upgrade aligns with a broader trend of increased price targets from several financial institutions, indicating a positive outlook for the company’s performance. Despite the positive analyst sentiment, GuruFocus estimates suggest a potential 39.04% downside from the current price based on its GF Value calculation.

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