Longbow Research Downgrades Caterpillar To Neutral

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Analysts at Longbow Research downgraded
Caterpillar Inc.CAT
from Buy to Neutral and removed the price target of $110.00. Caterpillar shares have dropped 11.88% over the past 52 weeks, while the S&P 500 index has surged 14.39% in the same period. Caterpillar's shares rose 0.69% to $80.40 in pre-market trading.
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Posted In: DowngradesAnalyst RatingsLongbow Research
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