Caterpillar stock slid 3% Friday. Here’s what matters before CAT earnings next week
Caterpillar shares fell 3.4% to $626.62 on Friday, among the Dow’s biggest decliners. Investors sold ahead of the company’s Jan. 29 earnings report and next week’s Federal Reserve meeting. Deere and CNH Industrial also slipped 1.5%. Analysts raised price targets but warned forecasts may be conservative.