Caterpillar may hike prices again, experiencing production delays
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UBS Upgrades Caterpillar (CAT) to Buy
October 29, 2021 3:57 AM EDTUBS analyst Steven Fisher upgraded Caterpillar (NYSE: CAT) from Neutral to Buy with a price target of $235.00 (from $232.00).
The analyst comments "We upgrade CAT to Buy, from Neutral. We think sentiment on the stock will improve as margins inflect and surprise to the upside during this upcycle. Margin and stock... More
Caterpillar (CAT) Stock Edges Higher on EPS Beat, Analyst Says Demand Remains Solid
October 28, 2021 10:16 AM EDTShares of Caterpillar (NYSE: CAT) are up 3% in todays trading session after the company reported mixed Q3 results.
Caterpillar reported Q3 EPS of $2.66 to easily beat the analyst estimate of $2.20. Revenue for the quarter came in at $12.4 billion, which is lower than the... More
