Evercore Raises Price Target for Caterpillar (CAT) to $1,103

On May 11, Evercore ISI analyst David Raso raised the price target on Caterpillar Inc. (NYSE:CAT) from $878 to $1,103 and reiterated an Outperform rating. The company expects low double-digit sales growth for FY2026 despite geopolitical uncertainties.

By Vardah Gill Fri, May 22, 2026 at 5:36 PM GMT+3 2 min read · Yahoo Finance ·

Evercore Raises Price Target for Caterpillar (CAT) to $1,103

Tickers: $CAT

Topics: Caterpillar Earnings Guidance Evercore ISI Tariffs

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