🟢 CAT is trading 3.1% up today as Baird raises price target to $1,200

CAT is trading 3.1% up today at $1,028.80 as Baird raised its price target to $1,200, citing the company's strong positioning in AI-infrastructure and data center markets.

• The move marks a rebound for the stock after last week’s volatility around the $1,000 psychological level.
• Baird maintained an Outperform rating, reinforcing bullish sentiment following CAT's climb to record highs late last week.