BUZZ-Morningstar says Australia's Catapult Sports outperforms on team growth, cross-selling

Caterpillar Inc.
Morningstar, Inc.

Caterpillar Inc.

CAT

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Morningstar, Inc.

MORN

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** Morningstar says Australian Catapult Sports' CAT.AX annual results supported by 'outstanding' team growth (customers) and cross-selling momentum

** Investment firm says sport analytics provider's team growth and underlying earnings were better than estimated

** Says co's cross-selling business and cost saving measures were the highlight

** All 10 analysts rate the stock "buy" or higher; their median PT is A$5.42, LSEG-compiled data shows

** YTD, stock down 18.3%


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