Caterpillar Inc. CAT today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions.
Shares of Caterpillar (CAT) slid 2% Monday as analysts at Morgan Stanley downgraded the stock and lowered their price target, citing pressure on the company's construction industries segment.
Markets continued where they left off last week amid rising optimism over corporate profits.
Victoria Greene, G Squared Private Wealth CIO, joins 'Power Lunch' to discuss stock plays for three stocks.
Shares of construction-equipment maker Caterpillar Inc. (NYSE:CAT) are 3.5% lower at $387.97 this morning, after suffering a bear note from Morgan Stanley.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Earnings season is a time when analysts may update their rating and/or price target on a stock. Usually this happens the day of, or shortly after, a company reports earnings.
Morgan Stanley analyst Angel Castillo downgraded Caterpillar stock to Sell from Hold, and his price target slipped to $332 from $349.
Caterpillar's stock pulled back from a record on Monday, after an analyst's warning to sell ahead of earnings, citing valuation and signs of growing risks of weakness in the construction business.
Gina Sanchez, Lido Advisors chief market strategist, joins CNBC's 'The Exchange' to discuss these stocks: Goldman Sachs, Caterpillar, D.R. Horton, Best Buy.
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