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Caterpillar Inc. (CAT) Has Risen To Over A 2-Month High

By RTTNews Staff Writer   ✉   | Published: | Follow Us On Google News

Stifel Nicolaus initiated coverage on shares of Caterpillar Inc. (CAT) Friday morning with a "Buy" rating and a $122 price target.

Caterpillar gapped open sharply higher this morning and has continued to gain ground in early trade. The stock is now up 4.69 at $106.78 and has broken out to a 2 1/2 month high.

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