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Morgan Stanley downgrades Caterpillar as tariffs begin to take their toll
Shares have added about 18% so far in 2025.
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cnbc.com
Caterpillar, Eaton reports show hit from tariffs, cast doubt on 2025's hottest Wall Street trade
Caterpillar's operating profit fell 18% compared to the same period last year due to President Donald Trump's tariffs.
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Morgan Stanley downgrades Caterpillar as tariffs begin to take their toll
Shares have added about 18% so far in 2025.
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barrons.com
Caterpillar Stock Gets Downgraded at Morgan Stanley. Why the Analyst Says ‘Sell.’
Thursday, Morgan Stanley analyst Angel Castillo cut his rating on Cat stock to Sell from Hold. His price target went to $350 from $283 a share.