Caterpillar (NYSE:CAT) Price Target Lowered to $490.00 at JPMorgan Chase & Co.

Market Beat
2025.02.01 18:55
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JPMorgan Chase & Co. has lowered its price target for Caterpillar (NYSE:CAT) from $515.00 to $490.00 while maintaining an "overweight" rating. This new target suggests a potential upside of 31.34% from the current stock price. Other analysts have varied opinions, with some raising their targets and others lowering them. Currently, Caterpillar's stock is trading at $373.07, down 0.5%, with an average rating of "Hold" and a price target of $379.47. Insider trading activity has also been noted, with several shares sold recently.