Barclays Lifts CAT Target Price to $900 Amid Positive Outlook

Barclays analyst Adam Seiden has maintained his Hold rating for Caterpillar (CAT.US), but increased its target price from $700 to $900. This change reflects Seiden's positive outlook on the company's prospects, despite no significant changes in his overall assessment.

According to data from TipRanks, Seiden has a success rate of 61.8% and an average return of 12.4% over the past year. His performance is considered solid, but not exceptional, earning him a ranking of four stars out of five.