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Baird Highlights Backlog Strength and Earnings Visibility at Caterpillar (CAT)
Market Intelligence Analysis
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Why This Matters
Baird raised its price target on Caterpillar (CAT) to $805 from $680 and maintained an Outperform rating, citing a large backlog and solid earnings visibility.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Caterpillar Inc. (NYSE:CAT) is included among the Dividend Growth Stocks: 25 Aristocrats. On January 30, Baird raised its price target on Caterpillar Inc. (NYSE:CAT) to $805 from $680 and maintained an Outperform rating. The firm updated its model after reviewing fourth-quarter results that pointed to a large backlog, solid earnings visibility, and returns on invested […]
Original article published by
Yahoo Finance
on February 3, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.