Caterpillar Stock Rating Upgraded Amid Tariff Concerns

Caterpillar's stock rating has been upgraded to Buy by Freedom Broker due to its assessment of new tariffs on the company.

The firm estimates that the impact of retaliatory tariffs on Caterpillar's finished products would be less than 0.2% of revenue, equivalent to an upper bound of approximately $150 million annually.

This represents a relatively modest headwind to the company's overall financial performance, as it generates $74.7 billion in revenue over the last twelve months.