News
31 January 2016

Goldman Sachs downgrades Caterpillar ahead of “commodity deflation cycle”

Region:
Americas

Goldman Sachs’s analysts have downgraded manufacturer Caterpillar from "Neutral" to their “Sell” rating with a $51 price target, indicating that they expect the stock to tank 61% this year. In the note Goldman Sachs justified their bearish view stated that the...

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