Caterpillar (CAT) PT Cut to $90 at Credit Suisse
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Price: $1,022.28 +3.70%
Rating Summary:
25 Buy, 19 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Rating Summary:
25 Buy, 19 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
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Credit Suisse analyst J. Cook lowered estimates and his price target on Caterpillar (NYSE: CAT) to $90.00 (from $100.00) but maintained an Outperform rating.
The firm cut FY'15-16 EPS to $4.75 and $6.00 from $6.90 and $7.35 respectively and introduce FY'17 at $6.65.
For an analyst ratings summary and ratings history on Caterpillar click here. For more ratings news on Caterpillar click here.
Shares of Caterpillar closed at $79.85 yesterday.
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