Executives from manufacturing giant Caterpillar Inc. (NYSE:CAT) are heading to Capitol Hill to explain what one senator calls an aggressive strategy to avoid paying billions of dollars in U.S. taxes. Caterpillar Inc. (NYSE:CAT) shares after opening at $101.92 moved to $103.20 on last trade day and at the end of the day closed at $102.55. Company price to sales ratio in past twelve months was calculated as 1.18 and price to cash ratio as 10.76. Caterpillar Inc. (NYSE:CAT) showed a positive weekly performance of 4.16%.
Deere & Company (NYSE:DE) CEO Samuel R. Allen unloaded 32,371 shares of Deere & Company stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $92.02, for a total value of $2,978,779.42. Following the completion of the sale, the chief executive officer now directly owns 232,948 shares of the company’s stock, valued at approximately $21,435,875. Deere & Company (NYSE:DE) shares advanced 0.17% in last trading session and ended the day on $92.06. Deere & Company (NYSE:DE) return on equity ratio is recorded as 38.20% and its return on assets is 6.10%. Deere & Company (NYSE:DE) yearly performance is 10.00%.
Textron (NYSE:TXT)‘s stock had its “neutral” rating reaffirmed by equities researchers at Goldman Sachs in a research report issued on Wednesday, Analyst Ratings Network reports. They currently have a $44.00 price objective on the stock. Goldman Sachs’ price objective would suggest a potential upside of 9.18% from the stock’s previous close. Textron Inc. (NYSE:TXT) shares moved down -0.82% in last trading session and was closed at $40.10, while trading in range of $39.71 – $40.65. Textron Inc. (NYSE:TXT) year to date (YTD) performance is 9.15%.
Allegheny Technologies (NYSE:ATI)‘s stock had its “outperform” rating restated by equities research analysts at Credit Suisse in a research note issued to investors on Thursday, ARN reports. They currently have a $47.00 price objective on the stock, up from their previous price objective of $41.00. Credit Suisse’s price target would suggest a potential upside of 24.01% from the company’s current price. Allegheny Technologies Incorporated (NYSE:ATI) weekly performance is 1.55%. On last trading day company shares ended up $37.98. Allegheny Technologies Incorporated (NYSE:ATI) distance from 50-day simple moving average (SMA50) is 14.35%. Analysts mean target price for the company is $36.55.
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