BofA analyst cuts Caterpillar’s price forecast to $414 while maintaining a Buy rating. Mixed Q4 results and decline in 2025 sales expected. CAT facing pricing pullback and inventory reduction. Other analysts maintain Perform and Buy ratings.
Latest Ratings for CAT
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2022 | Wells Fargo | Initiates Coverage On | Equal-Weight | |
| Mar 2022 | Jefferies | Upgrades | Hold | Buy |
| Feb 2022 | Tigress Financial | Maintains | Buy |