Analysts Are Downgrading These 5 Stocks

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In this article, we discuss the 5 stocks receiving downgrades from analysts. If you want to see more such stocks on the list, go directly to Analysts Are Downgrading These 10 Stocks

5. Caterpillar Inc. (NYSE:CAT)

Number of Hedge Fund Holders: 43

Baird lowered its ratings for Caterpillar Inc. (NYSE:CAT) from “Buy” to “Hold” on Tuesday, February 14. Analyst Mircea Dobre thinks the company’s shares are approaching a cyclical pivot point after their recent outperformance.

Dobre added that the factors driving CAT shares are becoming headwinds for the stock. The analyst also cut his price target for Caterpillar Inc. (NYSE:CAT) from $290 per share to $230 per share, citing valuation risk.

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