Caterpillar shares climb on bullish analyst upgrade, AI power demand

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Caterpillar (NYSE:CAT) shares gained as much as 2.3% on Wednesday, hitting their highest intraday level since January 24, after Melius Research analyst Rob Wertheimer upgraded the stock to a Buy.

Wertheimer highlighted stronger-than-expected momentum in Caterpillar’s (NYSE:CAT) Engines & Transportation division, driven

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