Caterpillar stock slips after hours despite Evercore’s $878 target — what CAT investors watch next
Caterpillar Inc. ended Monday’s after-hours session down 0.4% at $756.47, despite Evercore ISI bumping its price target to $878 from $630. Analyst David Raso stuck with his “Outperform” call. BofA Securities’ Michael Feniger most recently set his target at $825. Morgan Stanley’s Angel Castillo, meanwhile, remains far lower at $425, according to GuruFocus.