Caterpillar Inc. (NYSE: CAT) Coverage Initiated with Bullish Outlook

CICC initiated coverage on Caterpillar Inc. (NYSE: CAT) with an "Outperform" grade, highlighting its strong financial health and market position.The company's financial quality score improved significantly, driven by record-breaking earnings and a substantial backlog fueled by demand for AI data centers.Despite tariff-related challenges, Caterpillar demonstrates operational resilience and maintains a robust price trend, though its stock is considered overvalued by Benzinga Edge Stock Rankings.Caterpillar In ...