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Jim Cramer Reveals What “the Second Half of the Year is Going to be All About” While Discussing Caterpillar (CAT) [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
Industrial machinery giant Caterpillar Inc. (NYSE:CAT)'s shares are up by 19.8% year to date and by 134% over the past year. Barclays discussed the firm on March 31st as it increased the share price target to $700 from $625 and kept an Equal Weight rating on the shares. The investment bank outlined that Caterpillar Inc. (NYSE:CAT) it had shifted its estimates for the sector and accounted for higher input costs and skepticism surrounding recovery, among other factors. Barclays added that while higher input costs could affect the agriculture industry, the sector might also see government support heading into the election season. Oppenheimer also increased Caterpillar Inc. (NYSE:CAT)'s share price target in March. On the 6th, the firm raised the price target to $817 from $729 and kept an Outperform rating. Oppenheimer remarked that it was optimistic about the firm's long-term earnings potential. As for Cramer, he has consistently discussed Caterpillar Inc. (NYSE:CAT)'s role in the data Show less Read more
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