Caterpillar (CAT) Shorts Calling it Quits After Humbling Performance - S3 Partners

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

Caterpillar (CAT) PT Raised to $120 at Jefferies

July 26, 2017 8:48 AM EDT

Jefferies raised its price target on Caterpillar (NYSE: CAT) to $120.00 (from $100.00) while maintaining a Hold rating.

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Caterpillar (CAT): 3 Sources of Upside - Deutsche Bank

July 26, 2017 6:50 AM EDT

Deutsche Bank analyst, Nicole DeBlase, reiterated her Hold rating on shares of Caterpillar (NYSE: CAT) and raised her price target to $120 after the company delivered above and beyond high investor expectations. The upside came from 3 sources:

1) China construction

2)... More

Caterpillar bulldozes expectations, raises 2017 forecast again

July 25, 2017 7:43 AM EDT

By Sweta Singh and Rachit Vats

(Reuters) - Caterpillar Inc's (NYSE: CAT) results smashed expectations and the company raised its full-year forecast for the second time, underscoring strength across its businesses and a steady recovery in demand from China.

Shares of the world's largest construction and mining equipment maker rose as much as 5.4 percent on Tuesday to touch a more than five-year high.

Caterpillar's strong results are the clearest indication yet that the company is turning a corner after weak commodity prices and global economic uncertainty hit demand for its iconic yellow... More

Caterpillar (CAT) Tops Q2 EPS by 24c, Raises FY Outlook

July 25, 2017 7:31 AM EDT

(Updated - July 25, 2017 7:36 AM EDT)

Caterpillar (NYSE: CAT) reported Q2 EPS of $1.49, $0.24 better than the analyst estimate of $1.25. Revenue for the quarter came in at $11.3 billion versus the consensus estimate of $10.93 billion.

2017 Outlook

As a result of increased demand across many end markets and disciplined cost control, Caterpillar is raising its 2017 outlook. Some risks remain in the outlook, including weakness in the Middle East and Latin America, as well as geopolitical and commodity... More

Caterpillar (CAT) Rolling 3-Month June World Machine Sales Up 7%

July 24, 2017 9:05 AM EDT

Caterpillar (NYSE: CAT) Rolling 3-Month June World Machine Sales Up 7%

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