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Caterpillar (CAT) Stock Surges Past $947 as Analysts Raise Targets Following Earnings Beat
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Caterpillar (CAT) Stock Surges Past $947 as Analysts Raise Targets Following Earnings Beat
Key Highlights Caterpillar reached a record peak of $947.44, climbing 162.57% year-over-year First quarter earnings per share of $5.54 surpassed projections of $4.65; sales hit $17.42B, marking 22.2% annual growth Company increased its quarterly payout 8% to $1.63 per share Wells Fargo boosted its valuation target to $1,050; Zacks elevated rating to Strong Buy Two company insiders offloaded approximately $36.7M worth of shares in early May Shar…
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