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NASDAQ:PCAR News 17 January 2026

Caterpillar stock price holds near $647 as CAT heads into a holiday-shortened week — here’s what matters next

Caterpillar stock price holds near $647 as CAT heads into a holiday-shortened week — here’s what matters next

New York, Jan 17, 2026, 11:52 EST — Market closed. Caterpillar Inc shares finished Friday almost flat, as investors focused on the company’s upcoming late-month earnings for fresh direction after a volatile start to the season. The stock closed at $646.89. (MarketWatch) This is crucial now since Caterpillar straddles construction, mining, and major infrastructure outlays. Traders lean on its dealer…
17 January 2026
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Stock Market Today

  • FedEx Faces Mixed Analyst Views Ahead of Freight Spin-Off with Price Targets Between $317 and $355
    January 22, 2026, 12:25 PM EST. FedEx shares rose nearly 2% to $306.95 amid diverging analyst opinions on the upcoming FedEx Freight spin-off. Rothschild Redburn downgraded FedEx to Neutral from Buy with a $317 target, citing valuation concerns after a 37% rally in three months. Contrarily, Argus and Wolfe Research lifted targets to $350 and $355 respectively, bullish on the potential of FedEx Freight, which posted $546 million operating income in H1 fiscal 2026. The spin-off, planned by June 1, 2026, aims to unlock shareholder value through separate entities. Analysts remain split, with 8 bullish and 10 neutral out of 22 covering the stock, and targets ranging from $210 to $360. FedEx Freight is compared to peers like Old Dominion Freight Line, highlighting its $8.9 billion fiscal 2025 revenue estimate.
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