RBC Capital initiates Caterpillar stock with Sector Perform rating
NeutralFinancial Markets

RBC Capital has initiated coverage of Caterpillar stock with a Sector Perform rating, indicating a cautious outlook on the company's performance relative to its peers. This move is significant as it reflects RBC's assessment of the construction and mining equipment market, which is crucial for investors looking to gauge Caterpillar's future prospects. Understanding these ratings can help investors make informed decisions about their portfolios.
— Curated by the World Pulse Now AI Editorial System