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Evercore ISI Cuts Caterpillar Price Target to $833 From $1,045

Analyst David Raso kept an Outperform rating after the Nov. 10 revision.

By Enna Lee
Published
A yellow excavator model sits beneath descending steel bars on a dark plinth. / TokenPost.ai
A yellow excavator model sits beneath descending steel bars on a dark plinth. / TokenPost.ai

Evercore ISI analyst David Raso lowered Caterpillar’s price target to $833 from $1,045 on Nov. 10 and kept his rating at Outperform.

An Oct. 13 close also placed the shares under their 20-, 50- and 200-day exponential moving averages in an earlier moving-average update.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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