Caterpillar is trading 3.3% up at $836.00 in pre-market, extending a rebound after two sharp down sessions following a bullish analyst note.
- Oppenheimer reiterated an Outperform rating and a $1,105 price target, citing strong demand for equipment tied to AI data center and infrastructure build-outs.
- The stock's recovery is supported by broader equity futures pointing higher as market optimism surrounding artificial intelligence continues.