Caterpillar tries to allay earnings concerns after shares tank

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Caterpillar (CAT) PT Lowered to $183 at Credit Suisse

October 24, 2018 8:56 AM EDT

Credit Suisse analyst Jamie Cook lowered the price target on Caterpillar (NYSE: CAT) to $183.00 (from $210.00) while maintaining an Outperform rating following results.

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Caterpillar (CAT) PT Lowered to $142 at RBC Capital

October 24, 2018 6:57 AM EDT

RBC Capital analyst Seth Weber lowered the price target on Caterpillar (NYSE: CAT) to $142.00 (from $166.00) while maintaining a Sector Perform rating.

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3M (MMM) PT Lowered to $223 at RBC Capital

October 24, 2018 6:47 AM EDT

RBC Capital analyst Deane Dray lowered the price target on 3M (NYSE: MMM) to $223.00 (from $234.00) while maintaining an Outperform rating following another guidance cut.

While disappointing, the stock is sitting at a meaningful relative P/E support level, making risk-reward attractive here, Dray said.

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Caterpillar (CAT) Buyback to Exceed $750M if Shares Are Undervalued - Bloomberg, Citing Comments on Call

October 23, 2018 11:46 AM EDT

Caterpillar (NYSE: CAT) Buyback to Exceed $750M if Shares Are Undervalued - Bloomberg, Citing Comments on Call

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