Caterpillar may hike prices again, experiencing production delays

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Go back to Caterpillar may hike prices again, experiencing production delays

UBS Upgrades Caterpillar (CAT) to Buy

October 29, 2021 3:57 AM EDT

UBS analyst Steven Fisher upgraded Caterpillar (NYSE: CAT) from Neutral to Buy with a price target of $235.00 (from $232.00).

The analyst comments "We upgrade CAT to Buy, from Neutral. We think sentiment on the stock will improve as margins inflect and surprise to the upside during this upcycle. Margin and stock... More

Caterpillar (CAT) Stock Edges Higher on EPS Beat, Analyst Says Demand Remains Solid

October 28, 2021 10:16 AM EDT

Shares of Caterpillar (NYSE: CAT) are up 3% in todays trading session after the company reported mixed Q3 results.

Caterpillar reported Q3 EPS of $2.66 to easily beat the analyst estimate of $2.20. Revenue for the quarter came in at $12.4 billion, which is lower than the... More