Warning: This Dow Stock Threatens to Cripple the Market Bellwether’s Surge

2019-4-3 18:22

The Dow Jones Industrial Average continues to slaughter all challengers, swatting away trade war concerns, recession alarms, and Trump administration turmoil as if they were flies on a window. However, Deutsche Bank warns that one key index component threatens to cripple the stock market bellwether as it seeks to ascend to new all-time highs.

Deutsche Bank Sounds the Alarm on Caterpillar On Wednesday Deutsche analyst Chad Dillard downgraded Caterpillar shares from Buy to Neutral. He also slashed his CAT price target to $128, predicting that the stock would plunge 9 percent from its present value of $140. 11. According to Barron’s,

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stock deutsche bellwether market cripple threatens dow

Источник: ccn.com

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