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Caterpillar Inc. reported strong earnings, prompting mixed reactions from investors and analysts.
Investment firms have been adjusting their stakes in Caterpillar Inc., with Sandhill Capital Partners and Bernard Wealth Management increasing theirs while others have trimmed holdings.
Caterpillar reported strong earnings, beating estimates by $0.17 with EPS of $5.14.
Analyst ratings range from "outperform" to "buy" despite some lowering price targets.
The company manufactures construction and mining equipment, among other industrial products.
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Caterpillar Inc. reportó fuertes ganancias, provocando reacciones mixtas de inversores y analistas.