Caterpillar Inc. (NYSE: CAT) shares are trading higher.
Citigroup maintained its Buy rating on the stock and lowered the price target from $130 to $125. The stock is potentially rebounding from this quarter's weakness due to the coronavirus.
Caterpillar shares were up 3.99% at $116.17 on Tuesday. The stock has a 52-week high of $150.55 and a 52-week low of $87.50.
Related links:
Pandemic Leads Caterpillar To Withdraw 2020 Guidance
Caterpillar's Risk-Reward Is Attractive, Goldman Sachs Says In Upgrade
Latest Ratings for CAT
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2020 | Citigroup | Maintains | Buy | |
| Mar 2020 | Morgan Stanley | Maintains | Equal-Weight | |
| Mar 2020 | UBS | Upgrades | Sell | Neutral |
View More Analyst Ratings for CAT
View the Latest Analyst Ratings
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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