Caterpillar stock price jumps above $780 as Argus target hike keeps CAT shares in focus
Caterpillar shares rose 3.1% to $782.04 in Friday morning trade after Argus Research raised its price target to $820 from $625 earlier this week. The company filed its annual 10-K report Friday and CFO Andrew Bonfield is set to speak at a Barclays conference on Feb. 18. Investors are watching for updates on demand and pricing.