Caterpillar (CAT) call put ratio 2.1 calls to 1 put as shares rally into Q2 and outlook

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Go back to Caterpillar (CAT) call put ratio 2.1 calls to 1 put as shares rally into Q2 and outlook

Caterpillar (CAT) PT Raised to $135 at BofA/Merrill Lynch; Reiterates Buy

July 26, 2017 10:02 AM EDT

BofA/Merrill Lynch raised its price target on Caterpillar (NYSE: CAT) to $135.00 (from $120.00) while maintaining a Buy rating. Caterpillars flexible workforce increased by 3,800 employees in Q2, up 30% QoQ, to help meet higher production volumes. Mining demand continues to improve, with orders... More