Adam Seiden

Caterpillar Inc. (NYSE: CAT) reported record second-quarter results, but this prompted Barclays to downgrade the stock. The Analyst Barclays' Adam Seiden downgraded Caterpillar from Overweight to Equal-Weight with a price target lowered from $170 to $155. The Thesis The bullish case for...

The American machinery and construction industry is likely to see better times ahead, according to Barclays. The firm initiated coverage of the sector with a Positive outlook.  "Coming off several once-in-a-100-years cycles, the sales bases are the low, the political rhetoric is high and...