Caterpillar (CAT) Still Has 'Significant' Upside, JPMorgan Says in Upgrade
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JPMorgan Upgrades Caterpillar (CAT) to Overweight
January 8, 2018 7:12 AM ESTJPMorgan upgraded Caterpillar (NYSE: CAT) from Neutral to Overweight with a price target of $200.00 (from $144.00).
Analyst Ann Duignan draws attention to the following upcoming catalysts for the upgrade:
the recent Tax Cuts and Jobs Act (TCJA) is likely to extend the... More