Barclays Raises Caterpillar (CAT) Target in Machinery Sector Preview

Caterpillar Inc. (NYSE:CAT) is included among the 12 Best Dow Jones Dividend Stocks to Buy According to Hedge Funds.

On January 23, Barclays lifted its terms people connected Caterpillar Inc. (NYSE:CAT) to $610 from $555 and kept an Equal Weight standing connected the stock. The update came arsenic portion of the firm’s fourth-quarter preview for the machinery and operation group. In its note, Barclays said companies that basal to payment from involvement complaint cuts “still reign supreme.” At the aforesaid time, the steadfast expects absorption teams to onslaught a cautious tone, with “conservative” archetypal outlooks for 2026.

Earlier this month, connected January 7, Caterpillar announced a deeper concern with NVIDIA aimed astatine bringing AI-driven tools into some lawsuit solutions and manufacturing systems. The extremity is to alteration however enactment gets done crossed Caterpillar’s ecosystem, from customers and dealers to employees. As portion of that push, Caterpillar is investing to marque its instrumentality acceptable for an AI-enabled future.

The collaboration centers connected NVIDIA’s Jetson Thor platform, which allows real-time AI processing connected Caterpillar’s construction, mining, and powerfulness equipment. That capableness is expected to enactment much precocious automation, smarter in-cab features, and, implicit time, AI-assisted and perchance autonomous operations.

Caterpillar besides utilized CES 2026 to present the Cat AI Assistant. The instrumentality is designed to enactment arsenic a built-in integer spouse wrong Cat’s onboard and integer products, helping customers marque decisions with much confidence. Built utilizing NVIDIA Riva unfastened code models, the adjunct tin reply questions and connection tailored recommendations related to equipment, parts, maintenance, and different day-to-day needs.

Inside the cab, the adjunct relies connected dependable activation to set settings, locomotion operators done troubleshooting, and link them to applicable tools crossed Caterpillar’s apps and websites. It pulls from Caterpillar’s ain information housed connected the Helios unified information platform, ensuring the accusation is reliable and tailored to each situation.

Caterpillar Inc. (NYSE:CAT) is the world’s largest shaper of operation and mining equipment, arsenic good arsenic off-highway diesel and earthy state engines, concern state turbines, and diesel-electric locomotives.

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