Caterpillar upgraded to Hold from Sell at UBS as downside trade risk reduced

1 month ago 2

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Caterpillar (NYSE:CAT) +1.1% in Friday's trading as UBS upgraded shares to Hold from Sell with a $357 price target, raised from $272, as the bank no longer sees the same extent of downside risk to the company's earnings multiples

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3. Caterpillar upgraded to Hold from Sell at UBS as downside trade risk reduced