je.st
news
Goldman Remains Cautious On Construction Machinery Names
2015-12-07 22:43:21| Industrial Machines - Topix.net
The analyst downgraded shares of KBR, Inc. to Sell and turned incrementally bearish on Caterpillar Inc. and Joy Global Inc. . Revich highlighted two ongoing concerns that can plague the sector: 1) an extended commodity deflation cycle, and 2) an ongoing multi-year capex reduction that diminishes the demand for heavy machinery.
Tags: construction
names
remains
machinery
Category:Industrial Goods and Services
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||