Caterpillar's stock price has moved into a technical correction after falling by 12% from its highest level this year. It fell to $367, and is hovering at its lowest level since September.
Caterpillar (CAT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Caterpillar (CAT) closed the most recent trading day at $365.39, moving -0.18% from the previous trading session.
Caterpillar (CAT) has given back all of its post-election rally, and Kenny Polcari says the stock could hover around current levels before retesting $412 in the new year. Kenny's also looking at potential upside for Novo Nordisk (NVO) after selling off last week.
In the latest trading session, Caterpillar (CAT) closed at $375.76, marking a -0.84% move from the previous day.
Investors need to pay close attention to Caterpillar (CAT) stock based on the movements in the options market lately.
In the closing of the recent trading day, Caterpillar (CAT) stood at $388.87, denoting a +0.12% change from the preceding trading day.
@Theotrade's Don Kaufman talks about uncertainty in today's Big 3. In the case of Caterpillar (CAT) and Citigroup (C), he leans bearish.
Zacks.com users have recently been watching Caterpillar (CAT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Caterpillar (CAT 1.60%) stock inched up 1.8% through 11:35 a.m. ET Monday after investment bank JPMorgan Chase raised its price target on the stock 3%, to $515 per share.
Jefferies analyst Stephen Volkmann raised his Caterpillar price target by $20 to $475 a share and named it a “top pick” for 2025.
Per Caterpillar's CAT SEC filing on Monday, Anthony D. Fassino, the group president of its Construction Industries segment, sold 6,279 shares at an average price of $408.59 per share (total of around $2.57 million) on Nov. 29.