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Caterpillar price target raised to $225 from $200 at Barclays
The Fly

Caterpillar price target raised to $225 from $200 at Barclays

Barclays analyst Adam Seiden raised the firm’s price target on Caterpillar to $225 from $200 and keeps an Equal Weight rating on the shares post the Q4 results. The margin story at Caterpillar "has gone from uncertain to uncontested in a matter of months" as the sight lines around shifting business-mix, higher aftermarket, and raw material declines improved, the analyst tells investors in a research note.

Published first on TheFly

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