Key facts
- UBS analyst Steven Fisher raised Caterpillar's price target.
- Caterpillar's price target was raised from $350 to $370 by UBS.
- UBS maintained a buy rating on Caterpillar stock.
- Piper Sandler raised its price target on Alphabet stock.
- The new price target for Alphabet was not specified.
UBS analyst Steven Fisher has increased the price target for Caterpillar (CAT) stock, moving it from $350 to $370. Fisher also maintained a buy rating on the stock, indicating continued positive sentiment from the analyst regarding Caterpillar's performance. This adjustment suggests an optimistic outlook on the company's future financial results and market position.