Caterpillar (CAT) Stock Today: Wells Fargo Starts at Overweight as Volume Momentum Builds — November 14, 2025
Caterpillar shares closed Thursday at $553.55, down 3.4% amid a global market selloff. Wells Fargo initiated coverage Friday with an Overweight rating and a $675 price target, joining several firms raising targets after strong Q3 results. Year-to-date, CAT is up over 50%. Recent analysis highlights a $1.55 billion rise in Q3 sales volumes, the company’s strongest volume recovery since 2023.