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Fly News Breaks for December 16, 2015
DE, AGCO, TEX, CAT
Dec 16, 2015 | 08:44 EDT
Deutsche Bank analyst Vishal Shah downgraded Caterpillar (CAT) to Hold saying 2016 consensus estimates are too high with the company losing share in mining equipment/aftermarket. The analyst cut his price target for shares to $60 from $80. Shah also downgraded Terex (TEX) to Hold and upgraded AGCO (AGCO) to Hold from Sell. His top Machinery pick is Deere (DE).
News For CAT;TEX;AGCO;DE From the Last 2 Days
DE
Apr 23, 2024 | 07:42 EDT
Cyngn (CYN) has been chosen to supply its DriveMod Tuggers for industrial automation to John Deere's (DE) operation in Dubuque, Iowa. Cyngn is a supplier of AI-powered autonomous vehicle and data solutions based in Menlo Park, CA.
