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Susquehanna lowers CAT (CAT +0.5%) 2013 and 2014 EPS estimates to $7.45 from $8.00 and to $8.40...

Susquehanna lowers CAT (CAT +0.5%) 2013 and 2014 EPS estimates to $7.45 from $8.00 and to $8.40 from $9.05 respectively. Analyst Ted Grace cites "conversations with clients" as well as meetings with CAT and competitors Joy Global JOY and Komatsu. (Earlier: CAT CEO comments on Europe)
Comments (2)
  • MexCom
    , contributor
    Comments (3054) | Send Message
     
    Yup. Based on sound rumors, mining is going to decline during the economic rebound, LOL. Give me a break!
    26 Mar 2013, 12:18 PM Reply Like
  • wil3714
    , contributor
    Comments (1956) | Send Message
     
    We all know analysts are late to the game, follow the leader. Why do they always raise/lower targets after earnings?
    26 Mar 2013, 09:55 PM Reply Like
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