Caterpillar Stock Surges 1.74% with $908 Million Trading Volume Ranking 100th as DA Davidson Boosts Price Target to $388

On July 22, 2025, Caterpillar (CAT) saw a trading volume of $908 million, ranking 100th in the day's stock market activity. The stock price increased by 1.74%.

DA Davidson has revised its price target for Caterpillar, increasing it from $331 to $388. The firm maintains a neutral rating on the stock, reflecting a cautious yet optimistic outlook on the company's future performance. This adjustment comes as part of a broader analysis by DA Davidson, which has been closely monitoring Caterpillar's market position and financial health.

Analyst Michael Shlisky of DA Davidson has been instrumental in this revision, highlighting the company's potential for growth despite the current market conditions. The new price target suggests a significant increase in the stock's value, indicating that the firm believes Caterpillar is poised for a strong performance in the coming months.