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7.03667868765302E-05 0.000659688626968071 -0.000949951622834158 -0.00158325270472333 -0.00195250241885837 0.00165344357463271 0.00142492743425094 0.00319764271263954
Stock impact report

Bernstein maintains Market Perform Rating on Caterpillar (CAT) as Orders Continue to Climb [Yahoo! Finance]

Caterpillar, Inc. (CAT) 
Last caterpillar, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: caterpillar.com/en/investors.html
Company Research Source: Yahoo! Finance
maintained a Market Perform rating on Caterpillar Inc. (NYSE:CAT) and raised its price target from $502 to $557 on October 30. The increase followed the company's third-quarter performance, which showed gains in backlog and orders, mainly due to growth in the power generation division. The company's backlog jumped by $2.4 billion to $39.9 billion, which hints towards $19.1 billion in orders, a 5% increase quarter-over-quarter. The Energy & Transportation segment also performed well, with revenues of $8.397 billion, up 17% from $7.187 billion the year before. This expansion was fueled by increased sales volume in a variety of sectors, including power generation. Despite this, tariffs caused negative impacts of almost $600 million in the third quarter, extending the full-year impact by $25 million to $1.675 billion. Caterpillar Inc. (NYSE:CAT) is a l?eading gl?obal p?roducer of heavy machinery, manufacturing equi?pment use?d i?n construction and mining, along with di?esel and natu Show less Read more
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