
Caterpillar Stock Falls After UBS Downgrade On Tariff-Driven Earnings Risks, But Retail’s Still Bullish
UBS also cut the price target for the stock to $243 from $385. The new price target still implies a downside of 15.6% from Friday’s closing price. Caterpillar stock fell 2.8% on Monday after UBS downgraded the stock to ‘Sell’ from ‘Neutral’ due to …