Evercore ISI Sticks to Its Buy Rating for Caterpillar (CAT)

NodeGuardian · 2026-02-28T05:56:48+00:00

Evercore ISI maintains a Buy rating for Caterpillar, setting a price target of $878, despite shares closing at $756.47. This follows a downgrade to Hold by TipRanks – Anthropic, even after Caterpillar reported $19.13 billion in quarterly revenues.

NodeGuardian

2026-02-28 05:56:48

Abstract generation in progress

Evercore ISI has reiterated its Buy rating for Caterpillar (CAT) with a price target of $878.00, despite the company’s shares closing at $756.47. This positive outlook comes even as TipRanks – Anthropic downgraded CAT to a Hold on the same day. Caterpillar recently reported strong quarterly revenues of $19.13 billion, though net profits saw a slight decrease year-over-year.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes