Truist cuts target for Caterpillar stock from USD 1,225 to USD 1,100

Published on 10/06/2026 at 12:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 24.00 percent year over year. Caterpillar stock costs EUR 756.80 on October 6, 2026 versus EUR 755.60, plus 0.16 percent.

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Caterpillar (ISIN US1491231015) was trading at EUR 756.80 at Lang & Schwarz on October 6, 2026, up 0.16 percent from the prior close. The latest analyst move came on October 5, 2026, when Truist cut its price target from USD 1,225 to USD 1,100 while keeping a Buy rating, according to Markets Insider.

Truist lowers target by 10.20 percent

The reduction equals 10.20 percent from the previous target, calculated from the USD 1,225 and USD 1,100 values. Truist analyst Jamie Cook cited concerns over the durability of power, data-center and artificial-intelligence spending, along with infrastructure bottlenecks, higher interest rates and elevated diesel costs, the linked report said.

Second-quarter revenue rises 24.00 percent

Caterpillar reported sales and revenues of USD 20.50 billion in the second quarter of 2026, up 24.00 percent year over year, according to Yahoo Finance. The company also said it expected third-quarter sales growth across its three primary segments, driven by higher sales volume and favorable price realization.

Caterpillar stock spans USD 483.55 to USD 1,073.46

On the NYSE, Caterpillar was last at USD 848.14 on October 5, 2026 at 4:00 p.m. ET. Its 52-week range was USD 483.55 to USD 1,073.46, while market capitalization stood at USD 390.7 billion on that date.

Caterpillar stock at EUR 756.80

Caterpillar was trading at EUR 756.80 at Lang & Schwarz on October 6, 2026 at 12:11 p.m. CEST, plus 0.16 percent versus the October 5, 2026 prior close of EUR 755.60. The further course of trading is shown by the continuously updated real-time quote of Caterpillar stock.