Caterpillar shares are trading lower after Baird downgraded its rating on the stock from Outperform to Neutral and lowered its price target from $1200 to $900.

Caterpillar Inc.

Caterpillar Inc.

CAT

0.00

Caterpillar shares are trading lower after Baird downgraded its rating on the stock from Outperform to Neutral and lowered its price target from $1200 to $900.