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Caterpillar Inc. (NYSE:CAT) is included among the Early Retirement Portfolio: Top 15 Stocks to Buy.
On April 13, Citi analyst Kyle Menges raised the firm’s price recommendation on Caterpillar Inc. (NYSE:CAT) to $905 from $785. It maintained a Buy rating on the shares. The update came as part of the firm’s Q1 preview for the machinery group. He pointed out that the North American truck market has improved over the past few months. Citi continues to lean toward companies with stronger exposure to construction rather than agriculture, according to the note shared with investors.
On April 9, Chad Dillard of Bernstein raised the price target on Caterpillar to $769 from $678 while keeping a Market Perform rating ahead of quarterly results. The firm noted that most forward-looking indicators suggest demand is starting to pick up again. It also said expectations already reflect a slower start to 2026. Still, Bernstein flagged some uncertainty around the broader economic outlook. The firm added that, from a tactical standpoint, it prefers companies with meaningful exposure to long-term secular markets that can sustain growth even if cyclical conditions remain uneven.
Caterpillar Inc. (NYSE:CAT) operates as a manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its business is organized into Construction Industries, Resource Industries, and Power & Energy segments. The company also offers financing and related services through its Financial Products division.
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