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Goldman downgrades Caterpillar, citing weakness in China business amid trade war

Jim Umpleby, CEO of Caterpillar Inc. Adam Jeffery | CNBC Caterpillar shares were downgraded by Goldman Sachs on Thursday, with the brokerage saying it could no longer justify its “buy” rating on the stock due to headwinds in the China and North America construction equipment markets. The firm downgraded the stock […]

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