Caterpillar shares unlikely to rise much further, says Wells Fargo After Caterpillar reported stronger than expected results and announced a $1.7B share repurchase program, Wells Fargo thinks the subsequent bounce in the stock was driven mostly by the repurchase announcement. The firm does not expect the shares to rise much further until the company's end markets improve. It keeps a Market Perform rating on the stock.
News For CAT From The Last 14 Days
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