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Fly News Breaks for October 19, 2018
CAT
Oct 19, 2018 | 09:31 EDT
Cleveland Research analyst Adam Uhlman remains bullish on Neutral rated Caterpillar following dealer survey results that continue to indicate demand strength in Asia and North America, with the 2019 outlook for China being surprisingly bullish. Uhlman raised Caterpillar estimates and continues to see upside to earnings in the medium term from cost reduction efforts.
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