Morgan Stanley downgrades Caterpillar, says stock is running ‘out of steam’

on Oct18
by | Comments Off on Morgan Stanley downgrades Caterpillar, says stock is running ‘out of steam’ |

An employee assembles an excavator at the Caterpillar Inc. manufacturing facility in Victoria, Texas.

Callaghan O’Hare | Bloomberg | Getty Images

Caterpillar shares were downgraded Friday by an analyst at Morgan Stanley amid concerns around two of the industrial’s key business segments.



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