Key facts
- UBS analyst Steven Fisher raised Caterpillar's price target.
- The new price target is $370, up from $350.
- UBS maintained a buy rating on Caterpillar stock.
UBS analyst Steven Fisher has increased the price target for Caterpillar (CAT) stock. The target was raised from $350 to $370. Fisher maintained a buy rating on the stock, indicating a positive outlook from the investment bank on Caterpillar's future performance.