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News Breaks | | | | January 2, 2013 | | 08:17 EDT |  | CAT | Caterpillar upgraded to Buy from Neutral at ISI Group
ISI Group upgraded the Machinery Sector following channel checks that indicate an inventory reduction has started. The firm did lower estimates further below consensus but expects a bottom in 1H 2013 as inventories are reduced. As part of the sector change, the analyst upgraded Caterpillar (CAT), CNH Global (CNH), Cummins (CUM), Deere (DE), Eaton (ETN), Illinois Tool Works (ITW), Ingersoll-Rand (IR), and Oshkosh (OSK) to Buy from Neutral. The firm adds that Caterpillar was a notable laggard in 2012 and could be among the best performers in 1H 2012 as investors take on more risk. | |
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News For CAT From The Last 14 Days Check below for free stories on CAT the last two weeks. |
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| May 17, 2013 | | 05:21 EDT |  | CAT | Caterpillar, Mining Machinery resolve all outstanding issues
 Subscribe for More Information | | | May 16, 2013 | | 19:01 EDT | | CAT | Caterpillar and Mining Machinery Limited announce settlement agreement
Subscribe for More Information | | | May 10, 2013 | | 06:30 EDT |  | CAT | Caterpillar, Milwaukee workers' union talks suspended, Reuters says
Subscribe for More Information | | | May 8, 2013 | | 11:43 EDT | | CAT | Caterpillar sees some 'encouraging signs' in China business
Subscribe for More Information | | | May 7, 2013 | | 18:58 EDT | | CAT | Caterpillar set to resume talks with union, WSJ says
Subscribe for More Information | | | May 6, 2013 | | 11:19 EDT | | CAT | Caterpillar shares may offer good entry point, Barron's says
Shares of Caterpillar seem to be pricing in a lot of bad news and current levels could prove to be a good entry point for longer term investors, Barron's said over the weekend in its The Trader column.Reference Link | |
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