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%
Currently there is a rather positive sentiment for Caterpillar Inc. with 60 Buy predictions and 6 Sell predictions.
With a target price of 778 € there is a slightly positive potential of 6.78% for Caterpillar Inc. compared to the current price of 728.6 €.
