D.A. Davidson raises Caterpillar PT on consistent long-term strategy

ReutersMay 8, 2025 1:44 PM

D.A. Davidson raises construction equipment manufacturer Caterpillar's CAT.N PT to $331 from $325, a premium of 3.3% to the stock's last close

Says end markets remain mixed this year, with data centres remaining strong but parts of non-residential construction and turbines a bit weaker

Says new CEO Joe Creed likely to stay the strategic course, most of the co's recent success was under Creed

Shares up 1% at $323

Maintains 'neutral' rating on the shares

12 of 28 brokerages rate the stock "buy" or higher, 15 "hold" and 1 "sell"; their median PT is $373.50 - LSEG

Including session's moves, shares down 10.7% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

What Is Intel, and Is Its Stock Still a Worthwhile Investment?

Intel has survived its near-death experience. While it is no longer the undisputed king, it has become the bedrock of the Western semiconductor supply chain. For investors, INTC is now a play on industrial resilience rather than pure high-growth software.

Intel vs. TSM: Which Semiconductor Stock Looks Like the Better Investment?

TradingKey - Intel Corporation (NASDAQ: INTC) and Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) are two companies that play crucial roles in the semiconductor market; however, they each have completely different business models.

Precious Metals May Outlook: After U.S.-Iran Conflict Concerns Eased, Will Funds Flow Back to Gold and Silver?

TradingKey - Since April, the precious metals market has continued the weakness seen in March. Spot gold recorded a cumulative decline of nearly 2% in April, while spot silver briefly fell below the $70 mark.

Is SanDisk the Hidden Gem of the AI Boom in 2026? Discover the Potential Risks and Rewards.

TradingKey - SanDisk (SNDK) now represents not just a name for many consumers, but also an investment play on one of the fastest-growing sectors in technology – Artificial Intelligence.

Azure Growth 40%, AI Revenue 37 Billion: Why Did Microsoft Shares Fall Instead of Rise?

TradingKey - On April 29 (ET), Microsoft (MSFT) released its Q3 FY2026 results after the bell. Both revenue and profit exceeded expectations, with Azure growth returning to 40% and annualized AI revenue surpassing $37 billion. Despite this, shares fell more than 3% in after-hours trading and ended t

Featured Tools