Freedom Capital Lifts Caterpillar Price Target to $700 but Keeps Hold Rating
Freedom Capital Markets increased its 12-month price objective for Caterpillar to $700 from $530, citing the company's strong revenue showing in 2025, robust demand for datacenter power solutions and a record backlog. Despite the raised target, the firm left its Hold rating unchanged, signaling restrained upside from current prices. Several other a…