Big Upgrade for Caterpillar
Submitted by WSN_Staff on Mon, 07/20/2009 - 17:44.
Caterpillar (NYSE:CAT) shares went on a tear today, finishing the day up 7.8% after BofA blessed the company with an upgrade.
Bank of America upgrades Caterpillar (NYSE: CAT) from Neutral to Buy and raised their price target from $36 to $45.
Just in time for Caterpillar to report Q2 2009 earnings tomorrow (7/21).
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