Caterpillar Stock News

Caterpillar Inc. shares are headed toward the biggest five-day gain since the pandemic as investors looking for a hedge against inflation flock to the mining- and construction-equipment maker.

Soaring commodity prices and rising inflation overall has one analyst pointing to Caterpillar stock as a buy.

Caterpillar Inc (NYSE: CAT) is leading the Dow Jones higher Tuesday after Jefferies analyst Stephen Volkmann upgraded the stock from a Hold rating to a Buy rating and raised the price target from�

Caterpillar Inc (NYSE: CAT) stock is up nearly 10% today after Jefferies said it's a “strong hedge” against higher commodity prices related to the ongoing war in Ukraine. Analyst pegs a $260 PT on

Jefferies analyst Stephen Volkmann upgraded Caterpillar Inc (NYSE: CAT) to Buy from Hold and raised the price target to $260 (an upside of 26%) from $215. Volkmann's prior Hold rating had been ba

Jefferies analyst Stephen Volkmann upgraded Caterpillar Inc (NYSE: CAT ) to Buy from Hold and raised the price target to $260 (an upside of 26%) from $215. Volkmann''s prior Hold rating had been based on concerns that constrained CAPEX and ESG themes in mining and oil and gas markets that accounted for about 40% … Full story available on Benzinga.com

Upgrades According to Janney Montgomery Scott, the prior rating for Wintrust Financial Corp (NASDAQ:WTFC) was changed from Neutral to Buy. Wintrust Finl earned $1.58 in the fourth quarter, compared to

Upgrades According to Janney Montgomery Scott, the prior rating for Wintrust Financial Corp (NASDAQ: WTFC ) was changed from Neutral to Buy. Wintrust Finl earned $1.58 in the fourth quarter, compared to $1.63 in the year-ago quarter. The stock has a 52-week-high of $105.56 and a 52-week-low of $65.66. At the end of the last trading period, Wintrust Finl closed at $87.30. B of A Securities upgraded the previous rating for Delek US Holdings Inc (NYSE: DK ) from Underperform to Neutral. In the fourth quarter, Delek US Hldgs showed an EPS of $0.61, compared to $2.77 from the year-ago quarter. At the moment, the stock has a 52-week-high of $26.21 and a 52-week-low of $13.48. Delek US Hldgs closed at $18.00 at the end of the last trading period. B of A Securities upgraded the previous rating for PBF Energy Inc (NYSE: PBF ) from Neutral to Buy. For the fourth quarter, PBF Energy had an EPS of $1.28, compared to year-ago quarter EPS of $4.53. The current stock performance of PBF Energy shows a 52-week-high of $21.32 and a 52-week-low of $7.24.

Shares of Caterpillar Inc. shot up 4.7% toward a six-week high in morning trading Tuesday after the construction and mining equipment company was upgraded at Jefferies, with analyst Stephen Volkmann saying the company has historically been a "strong hedge" to commodity and general inflation. The stock''s rally was enough to pace the Dow Jones Industrial Average''s gainers. Volkmann raised his rating to buy from hold, and boosted his stock price target to $260, which is well above the stock''s May 17, 2021 record close of $244.79. "[W]e believe the Russia/Ukraine crisis has fundamentally altered global commodity markets and is likely to drive a decade of reinvestment, similar to what the world experienced in the 1970s," Volkmann wrote in a note to clients. He said historically, inflation has helped drive an expansion in how investors value the stock and eventually provided a boost to earnings. The stock has gained 0.8% over the past three months, while continuous crude oil futures have soared 73.9% and the Dow has slipped 8.0%.

The Dow Jones Industrial Average is trading up Tuesday morning with shares of Caterpillar and Chevron seeing positive growth for the index. The Dow was most…

Within the last quarter, Caterpillar (NYSE:CAT) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 1 1 0 Last 30D 1

Solid end-market demand, gains from cost-control efforts and investment in digital initiatives are likely to aid the Zacks Manufacturing - Construction and Mining industry players like CAT, KMTUY and

Caterpillar is a dividend aristocrat that is currently trading at the lower end of its 52-week range.

Soaring commodity prices and rising inflation overall has one analyst pointing to Caterpillar stock as a buy.

Solid end-market demand, gains from cost-control efforts and investment in digital initiatives are likely to aid the Zacks Manufacturing - Construction and Mining industry players like CAT, KMTUY and