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Morgan Stanley downgrades Caterpillar, says inventory is operating ‘out of steam’


An worker assembles an excavator on the Caterpillar Inc. manufacturing facility in Victoria, Texas.

Callaghan O’Hare | Bloomberg | Getty Photos

Caterpillar shares have been downgraded Friday by an analyst at Morgan Stanley amid issues round two of the economic’s key enterprise segments.



cnbc.com

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