Credit Suisse analyst Jamie Cook raised her price target for Caterpillar to $173 from $150, saying that for 2019, 85% of the U.S. dealers finished the year as expected, with some noting strong year-end buying late in Q4. She says dealers are viewing 2020 as a short and shallow correction and, more importantly, manageable. Cook tells investors in a research note that she believes Caterpillar can bracket the Street for 2020 at the high end of the range believes the company will remain committed to increasing the dividend and share repurchase. The stock may sell off on the print given the run, Cook says, but adds that it should be set up well for 2H20.