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Dark period for Caterpillar: downgraded from buy to hold

Cecilia Jamasmie | July 18, 2012 | 1:57 pm Energy Europe 

Global securities and investment banking group Jefferies downgraded Caterpillar (NYSE:CAT) from a “buy” to a “hold” rating, with a price target of $85.00, in a report released on Wednesday. The giant producer of construction and mining equipment saw its price...

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