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Caterpillar stock outlook: Bernstein sees a 20% upside

Caterpillar stock outlook: Bernstein sees a 20% upside

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Shares of Caterpillar Inc (NYSE: CAT) are now down about 18% from their year-to-date high in mid-May, but Bernstein says there’s light at the end of the tunnel. Caterpillar upgraded to ‘outperform’ In a research note this morning, Bernstein’s Chad Dillard upgraded Caterpillar to “outperform” with a price target of $240 that represents a 20% […] The post Caterpillar stock outlook: Bernstein sees a 20% upside appeared first on Invezz.

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