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BofA Securities Stays Bullish On Caterpillar: 'Surprisingly Durable' US Economy, Global Momentum
Tuesday, June 3, 2025 - 2:08pm | 447BofA Securities analyst Michael Feniger maintained a Buy rating on Caterpillar Inc. (NYSE:CAT) with a price forecast of $385. On Monday, the analyst held an event featuring Caterpillar Group President of Construction Industries Tony Fassino. Feniger writes that despite ongoing uncertainties...
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China Cites 'National Security' As It Tightens Export Controls On Aviation And Aerospace Equipment Amid US Restrictions
Friday, May 31, 2024 - 2:32am | 594China has declared its intention to impose export restrictions on certain aviation and aerospace technologies and components. The new regulations, set to take effect from July 1, are part of an effort to “safeguard national security.” What Happened: The new restrictions are designed to...
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Why Is John Deere Part Of The New Ark Funds Space ETF?
Saturday, April 3, 2021 - 9:39am | 504The Ark Space Exploration & Innovation ETF (NYSE: ARKX) launched last week and many of the holdings were surprises to investors looking for a pure play on space companies. What Happened: One of the most surprising names in the new Ark space ETF was Deere & Company (NYSE: DE). The farm...
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Caterpillar Remains 'Undervalued' After 75% Gain In 2017, Says JPMorgan
Monday, January 8, 2018 - 11:00am | 413Caterpillar Inc. (NYSE: CAT) investors saw a return of 75 percent in 2017 versus the S&P 500's 22-percent gain, and a Wall Street analyst is projecting the growth will continue. The Analyst JPMorgan's Ann Duignan upgraded Caterpillar's stock from Neutral to Overweight...
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Deere's Earnings Beat Not Enough To Boost Stock
Friday, August 18, 2017 - 8:18am | 361Shares of Deere & Company (NYSE: DE) fell more than 4.5 percent Friday morning after the company reported its fiscal third-quarter results. Deere earned $1.97 per share on revenue of $7.81 billion, while analysts were expecting the company to earn $1.95 per share on revenue of $6.92 billion....