Form 4 CATERPILLAR INC For: Oct 25 Filed by: Creed Joseph E
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Qatar Investment Authority targets $20B partnership with JPMorgan - Bloomberg
Caterpillar (CAT) PT Lowered to $454 at Truist Securities
October 30, 2024 4:35 PM EDTTruist Securities analyst Jamie Cook lowered the price target on Caterpillar (NYSE: CAT) to $454.00 (from $456.00) while maintaining a Buy rating.
The analyst comments "Thoughts Post Call: CATs stock closed down 2% (vs S&P 500 ~flat) after missing 3Q24 consensus EPS by 3% although reporting an in line quarter relative to mgmts expectations. Results also included $0.19 in FX headwinds that were not contemplated in CATs original guide, $0.11 in discrete tax benefits and a $0.24 benefit from share repurchase. Third quarter sales were $16.106B, down 4% y/y, slightly lower than management expectations driven by lower Construction... More

