Bank of America Reiterates Neutral on Caterpillar on Weak February Sales
March 20, 2013 at 14:14 PM EDT
In a report published Wednesday, Bank of America analyst Ross Gilardi reiterated a Neutral rating and $104.00 price target on Caterpillar (NYSE: CAT ). In the report, Gilardi noted, “Caterpillar released its Caterpillar released its trailing 3-month Dealer Statistics for February. World machine sales declined 13%, compared to the 4%