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Why Caterpillar's Stock Is Trading Higher Today

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Why Caterpillar's Stock Is Trading Higher Today

Caterpillar Inc. (NYSE: CAT) shares are trading higher.

Citigroup maintained its Buy rating on the stock and lowered the price target from $130 to $125. The stock is potentially rebounding from this quarter's weakness due to the coronavirus.

Caterpillar shares were up 3.99% at $116.17 on Tuesday. The stock has a 52-week high of $150.55 and a 52-week low of $87.50.

Related links:

Pandemic Leads Caterpillar To Withdraw 2020 Guidance

Caterpillar's Risk-Reward Is Attractive, Goldman Sachs Says In Upgrade

Latest Ratings for CAT

DateFirmActionFromTo
Oct 2020StifelMaintainsBuy
Oct 2020Morgan StanleyMaintainsUnderweight
Oct 2020Wells FargoUpgradesEqual-WeightOverweight

View More Analyst Ratings for CAT
View the Latest Analyst Ratings

 

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Latest Ratings

StockFirmActionPT
PMTB of A SecuritiesMaintains18.5
IVRB of A SecuritiesMaintains3.0
EFCB of A SecuritiesMaintains15.5
NYMTB of A SecuritiesMaintains3.5
NLYB of A SecuritiesMaintains8.5
View the Latest Analytics Ratings
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