Why Caterpillar Stock Was Slipping Today
Shares of Caterpillar (NYSE: CAT) were pulling back on concerns around new tariffs on goods from Canada, Mexico, and China. Those weighed on the stock market generally, and Caterpillar specifically, as the multinational company is heavily dependent on the global supply chain.
As of 12:17 p.m. ET, the S 500 (SNPINDEX: ^GSPC) was down 0.8%, and Caterpillar stock was down 1.9% at the same time.
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Source Fool.com
Caterpillar Inc. Stock
€728.60
-1.880%
Our community is currently high on Caterpillar Inc. with 60 Buy predictions and 6 Sell predictions.
As a result the target price of 778 € shows a slightly positive potential of 6.78% compared to the current price of 728.6 € for Caterpillar Inc..
