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CAT

Caterpillar

$107.55

1.15 (1.08%)

14:13
06/16/17
06/16
14:13
06/16/17
14:13

Caterpillar: Trump Cuba engagement powerful tool for change, Bloomberg says

CAT Caterpillar
$107.55

1.15 (1.08%)

05/25/17
BOFA
05/25/17
NO CHANGE
Target $120
BOFA
Buy
Caterpillar earnings set to go higher, says BofA/Merrill
BofA/Merrill analyst Ross Gilardl said Caterpillar's (CAT) earnings are set to go higher following Deere's (DE) strong Q2 report and raised Construction and Forestry outlook and told investors certain Caterpillar dealers are reporting rising backlogs. The analyst raised FY17 earnings forecast to $4.50 from $4.30 and FY18 to $5.75 from $5.40, and is now 12% above consensus for both. Shares are Buy rated with a $120 price target.
05/11/17
05/11/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Caterpillar (CAT) upgraded to Buy from Neutral at BofA/Merrill with analyst Ross Gilardi saying monthly retail sales continue to accelerate and views valuation as much more reasonable. Gilardi believes the company could have another big beat and raise in July and could raise the dividend over the summer. 2. Yum! Brands (YUM) upgraded to Neutral from Sell at Goldman Sachs with analyst Karen Holthouse saying her primary bear thesis, or continued weakness in China comps, has largely played out. She's increasingly positive on Taco Bell and sees limited near-term negative catalysts. 3. Symantec (SYMC) upgraded to Overweight from Equal-Weight at First Analysis with analyst Howard Smith saying he views the recent selloff as a buying opportunity and has increased confidence in the company's long-term growth following its fourth quarter results. 4. Snap (SNAP) upgraded to Outperform from Perform at Oppenheimer and to Neutral from Underweight at Cantor. 5. Electronic Arts (EA) upgraded to Buy from Hold at Ascendiant with analyst Edward Woo noting that the company's fourth quarter results beat expectations and he calls its guidance "strong." According to the analyst ,the company is benefiting from "strength in digital, growth in next gen consoles, and cost management." He calls its upcoming games "solid." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/11/17
05/11/17
UPGRADE
Target $120

Buy
Caterpillar upgraded to Buy on sales momentum, dividend raise at BofA/Merrill
As previously reported, BofA/Merrill upgraded Caterpillar to Buy from Neutral and raised its price target to $120 from $105. Analyst Ross Gilardi raised estimates saying monthly retail sales continue to accelerate and views valuation as much more reasonable. Gilardi believes the company could have another big beat and raise in July and could raise the dividend over the summer. He also said the September Investor Day, the first in four years, will likely focus on disciplined spending, returns, reduced cyclicality from aftermarket, digital opportunity, and sustainable dividend increases, among other strategies.
05/11/17
BOFA
05/11/17
UPGRADE
BOFA
Buy
Caterpillar upgraded to Buy from Neutral at BofA/Merrill

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KITE

Kite Pharma

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-0.23 (-0.23%)

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$0.20

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MRK

Merck

$66.14

0.215 (0.33%)

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BLK

BlackRock

$425.20

0.51 (0.12%)

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$NSD

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$NYE

NYSE Market Internals

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11:15
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PSX

Phillips 66

$80.96

0.72 (0.90%)

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ALDR

Alder Biopharmaceuticals

$18.70

-1 (-5.08%)

11:03
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  • 27

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AA

Alcoa

$32.33

1.15 (3.69%)

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HCC

Warrior Met Coal

$15.88

-0.31 (-1.91%)

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BV

Bazaarvoice

$4.80

-0.1 (-2.04%)

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CBI

CB&I

$16.50

2.1 (14.58%)

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Toshiba, also use TOSYY

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LTRX

Lantronix

$2.37

-0.08 (-3.27%)

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