UPDATE: Bank of America Upgrades Caterpillar Following Visit to SOLAR Turbine Facility
November 25, 2013 at 09:22 AM EST
In a report published Monday, Bank of America analyst Ross Gilardi upgraded the rating on Caterpillar (NYSE: CAT ) from Neutral to Buy, and raised the price target from $87.00 to $100.00. In the report, Bank of America noted, “We upgrade Caterpillar to Buy on the back of our recent