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Why Is Caterpillar Stock Popping This Week?


Shares of (NYSE: CAT) are up almost 12% this week.

What's going on?

Well, the industrial and agricultural equipment manufacturer posted strong third-quarter earnings on Wednesday morning that blew past Wall Street expectations.

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Source Fool.com

Caterpillar Inc. Stock

€653.00
4.490%
Caterpillar Inc. dominated the market today, gaining €28.00 (4.490%).
With 49 Buy predictions and 4 Sell predictions Caterpillar Inc. is one of the favorites of our community.
On the other hand, the target price of 606 € is below the current price of 653.0 € for Caterpillar Inc., so the potential is actually -7.2%.
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