Caterpillar downgraded by Morgan Stanley. Here's why.
Caterpillar (CAT) shares dip Monday morning after Morgan Stanley's analyst team downgraded the stock to Underweight and cut their price target to $332 per share. The construction and agricultural machinery maker has seen its stock rise by 34% year-to-date.
JPMorgan analyst Tami Zakaria raised the firm’s price target on Caterpillar to $500 from $435 and keeps an Overweight rating ...
Morgan Stanley analyst Angel Castillo downgraded the rating on Caterpillar (CAT – Research Report) to a Sell today, setting a price ...
The S&P 500 and Nasdaq rose on Monday, with the benchmark index touching an intraday record high as investors geared up for a week packed with corporate earnings and crucial economic data that will ...
Shares of industrial and transportation companies rose amid earnings optimism. Shares of Caterpillar pulled back from a record level after analysts at brokerage Morgan Stanley warned weakening demand ...
The S&P 500 and Nasdaq rose to record highs, boosted by tech stocks, as investors anticipate crucial earnings reports.
Overall, the S&P has seen weaker-than-average returns in year three of bull markets, the firm said. The index has averaged a ...
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