Caterpillar Stock (NYSE: CAT) Today: AI-Linked Rally Faces a Reality Check as Analysts Lift Targets and RPMGlobal Deal Advances
Caterpillar shares rose 1.9% to $576.56 Friday after a 9.6% five-day drop, the steepest since April. RPMGlobal shareholders approved Caterpillar’s planned acquisition, with 99.88% voting in favor. Australia’s competition regulator cleared the deal on Thursday. Implementation is targeted for February 18, 2026, pending final approvals.