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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
14 March 2025

20 mins with: Orsted meets EIFO

TXF spoke with Orsted's Peter Highmore, senior vice president, head of partnerships and M&A and EIFO's Kurt Martin Larsen, managing director for transactions and global...

Perspective
21 March 2025

Corporate perspectives: ‘Mine baby, mine’ (responsibly) with...

Mark A Smith, executive chairman and CEO at NioCorp Developments, will use US (and UK and German) export credit agency support to dig for critical minerals in Nebraska. How...