Analyst Ratings for [CAT] Caterpillar, Inc.

2/3/25	Upgrades	Sell Neutral	X
CAT Caterpillar UBS
$355 $385
1/13/25	Upgrades	Underperform In-line	X
CAT Caterpillar Evercore ISI
$365
11/13/24	Downgrades	In-line Underperform	X
CAT Caterpillar Evercore ISI
$321 $365
10/14/24	Downgrades	Eq-Weight Underweight	X
CAT Caterpillar Morgan Stanley
$349 $332
6/28/24	Initiated	Mkt Perform	X
CAT Caterpillar Raymond James
6/26/24	Initiated	Buy	X
CAT Caterpillar Citigroup
$380
4/26/24	Downgrades	Buy Hold	X
CAT Caterpillar Stifel
$293 $350
4/26/24	Reiterated	Buy	X
CAT Caterpillar TD Cowen
$338 $340
3/14/24	Initiated	Buy	X
CAT Caterpillar Truist
$390
2/20/24	Downgrades	Outperform In-line	X
CAT Caterpillar Evercore ISI
$321 $338
2/6/24	Reiterated	Outperform	X
CAT Caterpillar TD Cowen
$300 $338
1/8/24	Initiated	Equal-Weight	X
CAT Caterpillar Morgan Stanley
$270
11/20/23	Initiated	Hold	X
CAT Caterpillar HSBC Securities
$250
7/17/23	Reiterated	Neutral	X
CAT Caterpillar Citigroup
$240 $270
6/22/23	Initiated	Neutral	X
CAT Caterpillar DA Davidson
$263
3/27/23	Downgrades	Neutral Underperform	X
CAT Caterpillar Robert W. Baird
$230 $185
3/10/23	Downgrades	Neutral Sell	X
CAT Caterpillar UBS
$230 $225
2/13/23	Downgrades	Outperform Neutral	X
CAT Caterpillar Robert W. Baird
$290 $230
1/13/23	Upgrades	Neutral Buy	X
CAT Caterpillar BofA Securities
$217 $295
12/9/22	Reiterated	Outperform	X
CAT Caterpillar Cowen
$240 $264
10/31/22	Downgrades	Buy Neutral	X
CAT Caterpillar UBS
$225 $230
10/28/22	Downgrades	Buy Hold	X
CAT Caterpillar Deutsche Bank
$196 $221
8/3/22	Downgrades	Outperform Mkt Perform	X
CAT Caterpillar Bernstein
$195
3/11/22	Initiated	Equal Weight	X
CAT Caterpillar Wells Fargo
$231
3/8/22	Upgrades	Hold Buy	X
CAT Caterpillar Jefferies
$215 $260
1/12/22	Reiterated	Buy	X
CAT Caterpillar UBS
$235 $250
12/22/21	Upgrades	Mkt Perform Outperform	X
CAT Caterpillar Bernstein
$240
10/29/21	Upgrades	Neutral Buy	X
CAT Caterpillar UBS
$232 $235
10/14/21	Initiated	Outperform	X
CAT Caterpillar Cowen
$241
4/13/21	Initiated	Outperform	X
CAT Caterpillar Wolfe Research
$265
1/20/21	Downgrades	Buy Neutral	X
CAT Caterpillar Citigroup
1/20/21	Initiated	Buy	X
CAT Caterpillar Vertical Research
8/15/19	Initiated	Underweight	X
CAT Caterpillar Stephens
8/8/19	Downgrades	Buy Neutral	X
CAT Caterpillar Goldman
$156 $130
7/25/19	Downgrades	Buy Neutral	X
CAT Caterpillar Buckingham Research
$162 $140
6/21/19	Downgrades	Neutral Underweight	X
CAT Caterpillar Atlantic Equities
6/5/19	Upgrades	Hold Buy	X
CAT Caterpillar Standpoint Research
4/3/19	Downgrades	Buy Hold	X
CAT Caterpillar Deutsche Bank
$152 $128
2/26/19	Downgrades	Buy Sell	X
CAT Caterpillar UBS
$154 $125
12/26/18	Upgrades	Sell Accumulate	X
CAT Caterpillar Standpoint Research
12/3/18	Upgrades	Neutral Buy	X
CAT Caterpillar BofA/Merrill
10/29/18	Reiterated	Hold	X
CAT Caterpillar Stifel
$168 $142
9/20/18	Upgrades	Neutral Outperform	X
CAT Caterpillar Robert W. Baird
9/7/18	Initiated	Perform	X
CAT Caterpillar Oppenheimer
8/7/18	Reiterated	Hold	X
CAT Caterpillar Stifel
$174 $168
7/31/18	Downgrades	Overweight Eq Weight	X
CAT Caterpillar Barclays
$170 $155
5/14/18	Reiterated	Hold	X
CAT Caterpillar Stifel
$176 $174
5/3/18	Downgrades	Buy Neutral	X
CAT Caterpillar BofA/Merrill
$156
4/23/18	Upgrades	Neutral Buy	X
CAT Caterpillar Citigroup
4/11/18	Initiated	Buy	X
CAT Caterpillar Buckingham Research
$170
3/2/18	Initiated	Overweight	X
CAT Caterpillar Morgan Stanley
2/1/18	Reiterated	Hold	X
CAT Caterpillar Argus
$155 $185

CAT Caterpillar, Inc.

Quotes: Barrons • SeekingAlpha • NASDAQ • Bloomberg • WSJ

Caterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through segments, including Construction Industries, which is engaged in supporting customers using machinery in infrastructure, forestry and building construction; Resource Industries, which is engaged in supporting customers using machinery in mining, quarry, waste and material handling applications; Energy & Transportation, which supports customers in oil and gas, power generation, marine, rail and industrial applications, including Cat machines; Financial Products segment, which provides financing and related services, and All Other operating segments, which includes activities, such as product management and development, and manufacturing of filters and fluids, undercarriage, tires and rims, ground engaging tools, fluid transfer products, and sealing and connecting components for Cat products.