Analyst upgrades Caterpillar stock

Goldman Sachs upgraded its rating for Caterpillar Inc. from “sell” to “neutral.”

Goldman Sachs upgraded its rating for Caterpillar Inc. from “sell” to “neutral,” citing a weakening U.S. dollar and improvement in the commodity supply-demand balance.

Goldman Sachs analyst Jerry Revich raised the price target for Caterpillar stocks from $62 to $78, according to

“Although the China construction recovery is unlikely to prove sustainable, improvements in the commodity supply-demand balance and a weakening U.S. dollar are the positives,” the website wrote.


ABYC to Publish Largest-Ever Standards Manual

The nonprofit is offering pre-orders until June 18 of its updated standards manual, with a publication date of July 31.

Furuno, Simrad Add SiriusXM Fish Mapping Suite

The subscription-based service offers offshore anglers a suite of technology with which to locate and catch more fish.

Mercury Racing Awards Scholarships

The engine manufacturer looks to grow the next generation of skilled workers with its annual scholarship program.

Vision Marine, Hellkats to Attempt E-Boat Speed Record

A Hellkats 32-foot Widebody equipped with Vision Marine’s E-Motion powertrain will try to be the fastest electric boat in its category.

Grand Banks Operations Remain Halted

The announcement follows the Malay government order extending movement restrictions to curb the spread of Covid-19.

OneWater Marine to Acquire N.J.'s Stone Harbor Marina

The acquisition further expands OneWater’s reach in the Northeast.

Rounding the Last Bend?

As all segments of the economy race to surpass prepandemic levels, a bit of wheelspin is expected to occur, but not for long.

MMTA Kicks Off Boater Initiative

Encouraging waterborne travel to the Bay State. Plus: businesses can legally require its staff to receive a Covid-19 vaccine.