{"id":28907,"date":"2012-04-19T15:50:18","date_gmt":"2012-04-19T19:50:18","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28907"},"modified":"2012-04-19T15:50:18","modified_gmt":"2012-04-19T19:50:18","slug":"upgrade-alert-for-caterpillar-cat","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/04\/19\/upgrade-alert-for-caterpillar-cat\/","title":{"rendered":"Upgrade Alert for Caterpillar (CAT)"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vbb24a2401b90ca58b498ad81fc19c5c9ffe55242&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vbb24a2401b90ca58b498ad81fc19c5c9ffe55242&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Caterpillar (NYSE:CAT) was upgraded from Neutral to Buy at Longbow today. The stock closed yesterday at $106.74 on volume of 6.2 million shares, below average daily volume of 6.8 million.Caterpillar has overhead space with shares priced $106.74, or 18.5% below the average consensus analyst price target of $131.00. The stock should hit resistance at its 50-day moving average (MA) of $110.42, as well as support at its 200-day MA of $97.26.Over the past year, Caterpillar has traded in a range of $67.54 to $116.95 and closed yesterday at $106.74, 58% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/19\/1_uv66zpm5_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/19\/1_uv66zpm5_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Caterpillar (NYSE:CAT) was upgraded from Neutral to Buy at Longbow today. The stock closed yesterday at $106.74 on volume of 6.2 million shares, below average daily volume of 6.8 million.Caterpillar has overhead space with shares priced $106.74, or 18.5% below the average consensus analyst price target of $131.00. The stock should hit resistance at its &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/04\/19\/upgrade-alert-for-caterpillar-cat\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Upgrade Alert for Caterpillar (CAT)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28907","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28907"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28907\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}