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Earlier Thursday morning, ISI Group issued upgrades from Neutral to Buy to a handful of companies in the Heavy Machinery space.
- Caterpillar Inc. CAT - price target from $110 to $113 <LIParker-Hannifin Corporation PH - from $134 to $125
- Ingersoll-Rand PLC IR - from $62 to $66
- Terex Corporation TEX - from $44 to $42
- Illinois Tool Works Inc. ITW - from $90 to $92
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