Freedom Broker analyst Sergey Glinyanov raised the price target on Caterpillar (NYSE: CAT) to $710.00 (from $700.00) while maintaining a Hold rating.

The analyst commented, "We remain constructively biased on Caterpillar heading into 2026, as our recent discussion with management reinforces our view that the near-term setup may be more supportive than Street suggests. We maintain our "Hold" rating with a price target of $710."