JPMorgan Upgrades Caterpillar (CAT) to Neutral
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January 28, 2015 8:00 AM EST
Credit Suisse analyst J. Cook lowered estimates and his price target on Caterpillar (NYSE: CAT) to $90.00 (from $100.00) but maintained an Outperform rating.
The firm cut FY'15-16 EPS to $4.75 and $6.00 from $6.90 and $7.35 respectively and introduce FY'17 at $6.65.
For an analyst ratings... More
January 28, 2015 6:49 AM EST
Atlantic Equities downgraded Caterpillar (NYSE: CAT) from Neutral to Underweight with a price target of $74.00.
For an analyst ratings summary and ratings history on Caterpillar click here. For more ratings news on Caterpillar click here.
Shares of Caterpillar closed at $79.85 yesterday.
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January 28, 2015 6:49 AM EST
Longbow Research downgraded Caterpillar (NYSE: CAT) from Buy to Neutral and removed its price target (prior $110.00).
For an analyst ratings summary and ratings history on Caterpillar click here. For more ratings news on Caterpillar click here.
Shares of Caterpillar closed at $79.85 yesterday.
...
More
January 27, 2015 7:34 AM EST
Caterpillar (NYSE: CAT) reported Q4 EPS of $1.35, $0.20 worse than the analyst estimate of $1.55. Revenue for the quarter came in at $14.24 billion versus the consensus estimate of $14.18 billion.
Caterpillar sees FY2015 EPS of $4.75, versus the consensus of $6.57.
2015 Outlook
We expect world economic growth to only improve modestly in 2015. The relatively slow growth in the world economy and continued weakness in commodity pricesparticularly oil, copper, coal and iron oreare expected to be negative for... More
