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Wedbush Securities Inc. Lowers Stock Holdings in Caterpillar Inc. $CAT
Wedbush Securities Inc. reduced its holdings in Caterpillar Inc. by 9.0% during the third quarter, selling 1,617 shares. Despite this, other institutional investors increased their stakes, and analysts generally maintain a “Moderate Buy” rating with an average price target of $702.95. The article highlights Caterpillar’s strong Q4 performance, bullish analyst momentum, and notable insider selling activities.