Caterpillar (CAT) Shorts Calling it Quits After Humbling Performance - S3 Partners
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Caterpillar (CAT) PT Raised to $135 at BofA/Merrill Lynch; Reiterates Buy
July 26, 2017 10:02 AM EDTBofA/Merrill Lynch raised its price target on Caterpillar (NYSE: CAT) to $135.00 (from $120.00) while maintaining a Buy rating. Caterpillars flexible workforce increased by 3,800 employees in Q2, up 30% QoQ, to help meet higher production volumes. Mining demand continues to improve, with orders... More
Caterpillar (CAT) PT Raised to $120 at Jefferies
July 26, 2017 8:48 AM EDTJefferies raised its price target on Caterpillar (NYSE: CAT) to $120.00 (from $100.00) while maintaining a Hold rating.
... MoreCaterpillar (CAT): 3 Sources of Upside - Deutsche Bank
July 26, 2017 6:50 AM EDTDeutsche Bank analyst, Nicole DeBlase, reiterated her Hold rating on shares of Caterpillar (NYSE: CAT) and raised her price target to $120 after the company delivered above and beyond high investor expectations. The upside came from 3 sources:
1) China construction
2)... More
Caterpillar bulldozes expectations, raises 2017 forecast again
July 25, 2017 7:43 AM EDTBy Sweta Singh and Rachit Vats
(Reuters) - Caterpillar Inc's (NYSE: CAT) results smashed expectations and the company raised its full-year forecast for the second time, underscoring strength across its businesses and a steady recovery in demand from China.
Shares of the world's largest construction and mining equipment maker rose as much as 5.4 percent on Tuesday to touch a more than five-year high.
Caterpillar's strong results are the clearest indication yet that the company is turning a corner after weak commodity prices and global economic uncertainty hit demand for its iconic yellow... More
Caterpillar (CAT) Tops Q2 EPS by 24c, Raises FY Outlook
July 25, 2017 7:31 AM EDT(Updated - July 25, 2017 7:36 AM EDT)
Caterpillar (NYSE: CAT) reported Q2 EPS of $1.49, $0.24 better than the analyst estimate of $1.25. Revenue for the quarter came in at $11.3 billion versus the consensus estimate of $10.93 billion.
2017 Outlook
As a result of increased demand across many end markets and disciplined cost control, Caterpillar is raising its 2017 outlook. Some risks remain in the outlook, including weakness in the Middle East and Latin America, as well as geopolitical and commodity... More
Caterpillar (CAT) Rolling 3-Month June World Machine Sales Up 7%
July 24, 2017 9:05 AM EDTCaterpillar (NYSE: CAT) Rolling 3-Month June World Machine Sales Up 7%
... More