Jerry Revich

Cummins Inc (NYSE:CMI) is poised to benefit from structurally higher unit profitability in Power Systems and its pricing structure moving beyond datacenter, according to Goldman Sachs. The Cummins Analyst: Analyst Jerry Revich upgraded the rating from Neutral to Buy. The Cummins Thesis: Margins in...

Deere & Co. (NYSE:DE) shares inched higher in early trading on Friday, after the company reported upbeat fiscal fourth-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Deere & Co. Analyst Jerry Revich...

Caterpillar Inc. (NYSE:CAT) shares are climbing on Wednesday, after the company reported strong second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On Caterpillar Analyst Michael Feniger reiterated a Buy rating while...

Waste Management, Inc. (NYSE: WM) has industry-leading unit profitability and its local competitive positioning is strong, according to Goldman Sachs. The Waste Management Analyst: Jerry Revich initiated coverage of Waste Management with a Buy rating and a price target of $145. The Waste Management...

The machinery cycle may be taking a turn for the worse, and one Wall Street analyst has adjusted his ratings on a handful of related stocks. The Analyst Goldman Sachs analyst Jerry Revich has made the following changes to his outlook: Reiterated Buy rating for Caterpillar Inc. (NYSE: CAT) but...

Herc Holdings Inc (NYSE: HRI) has limited upside potential, according to Goldman Sachs, which turned bearish on the equipment rental company this week.   The Analyst Analyst Jerry Revich downgraded shares of Herc from Neutral to Sell and nudged up the 12-month price target from $65 to...

Paired trade is a trading strategy that focuses on taking opposing positions in a pair of security in a bid to mitigate risk. In simple terms, it is matching a long position with a short position in two highly correlated securities. Goldman Sachs in a note released on Wednesday recommended a...

Goldman in a research note released on Monday raised its machinery coverage view to Attractive but lowered its construction products coverage to Neutral. Noting that the construction spending in the United States has increased 28 percent since it turned positive on the U.S. construction cycle in...

While the key machinery end markets appear to be bottoming, manufacturing restructuring would likely drive “structurally higher margins” for companies like Caterpillar Inc. (NYSE: CAT) and Cummins Inc. (NYSE: CMI), Goldman Sachs’ Jerry Revich said in a report. He recommended a...

The recent capital injection from Volkswagen AG (ADR) (OTC: VLKAY) (OTC: VOLKPY) earns Navistar International Corp (NYSE: NAV) an upgrade from Goldman Sachs to Neutral from Sell, as the truck maker's liquidity risk is now "meaningfully reduced." Justification Volkswagen's investment improves the...

Goldman Sachs remains Neutral on Chicago Bridge & Iron Company N.V. (NYSE: CBI) shares and cut the estimates and price target following the company's lower-than-expected earnings for the second quarter. The Hague, Netherlands-based company posted EPS of $1.17, which came in below Street view of...

Goldman Sachs has reinstated Terex Corporation (NYSE: TEX) at Buy with a price target of $27, implying an upside of 27 percent, as it sees "significant scope" for upside from restructuring. "We are constructive on TEX's opportunities to (1) significantly reduce the manufacturing footprint in its...

Goldman Sachs has downgraded PACCAR Inc (NASDAQ: PCAR) to Neutral from Buy on weaker trucker pricing and rising raw material costs, which will hurt margins. "Excess supply and sluggish freight demand have driven trucker spot rate declines of 15%+ from last year's levels, pressuring...

Goldman Sachs’ Jerry Revich believes Deere & Company (NYSE: DE) is well positioned to deliver robust operating leverage in a recovery. Revish upgraded the rating on the company from Neutral to Buy, while raising the price target from $87 to $105. The analyst expects 25 percent upside...