UPDATE: Credit Suisse Lowers PT on Caterpillar Following Dealer Survey Results

In a report published Friday, Credit Suisse analyst Jamie Cook reiterated an Outperform rating on Caterpillar (NYSE: CAT ), but lowered the price target from $123.00 to $110.00. In the report, Cook noted, “We lower our 2013 EPS to $7 (from $7.77) as dealers seem less optimistic mining orders pick