Caterpillar (CAT) Declares $1.03 Quarterly Dividend; 2.5% Yield
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Caterpillar (CAT) PT Raised to $171 at Deutsche Bank
October 13, 2020 6:43 AM EDTDeutsche Bank analyst Nicole DeBlase raised the price target on Caterpillar (NYSE: CAT) to $171.00 (from $162.00) while maintaining a Buy rating.... More
Caterpillar (CAT) PT Raised to $120 at Morgan Stanley
October 12, 2020 8:11 AM EDTMorgan Stanley analyst Courtney Yakavonis raised the price target on Caterpillar (NYSE: CAT) to $120.00 (from $111.00) while maintaining a Underweight rating.... More
Caterpillar bets on self-driving machines impervious to pandemics
October 12, 2020 7:05 AM EDTBy Rajesh Kumar Singh
CHICAGO (Reuters) - Question: How can a company like Caterpillar (NYSE: CAT) try to counter a slump in sales of bulldozers and trucks during a pandemic that has made every human a potential disease vector?
Answer: Cut out human operators, perhaps?
Caterpillar's autonomous driving technology, which can be bolted on to existing machines, is helping the U.S. heavy equipment maker mitigate the heavy impact of the coronavirus crisis on sales of its traditional workhorses.
With both small and large customers looking to protect their... More
