Courtney Yakavonis

While fiscal 2021 may be impacted by weakness in the non-residential construction segment and muted Infrastructure spend, Martin Marietta Materials, Inc. (NYSE: MLM), Vulcan Materials Company (NYSE: VMC) and Summit Materials Inc (NYSE: SUM) are likely to witness robust tailwinds in fiscal 2022 and...

Agricultural machinery maker Deere & Company (NYSE: DE) reported fiscal third-quarter results that prompted some analysts to turn more positive on the stock. Deere reported earnings of $2.57 per share, which beat the analyst consensus estimate of $1.26. The company reported third-quarter...

Construction-focused companies Caterpillar Inc. (NYSE: CAT) and United Rentals, Inc. (NYSE: URI) have some of the highest exposure rates to U.S. non-residential construction, which is likely to enter a multi-year downturn cycle due to the coronavirus, according to Morgan Stanley. The Analyst...

Commercial duty automatic transmission maker Allison Transmission Holdings Inc (NYSE: ALSN) is a "good company" but at a "vulnerable point in the cycle," according to Morgan Stanley. The Analyst Morgan Stanley's Courtney Yakavonis initiated coverage of Allison Transmission...

Heavy construction and equipment maker Caterpillar Inc. (NYSE: CAT) reported Monday with fourth-quarter results that fell short of expectations for the first time in around two years. Here's how the Street reacted. The Analysts Morgan Stanley's Courtney Yakavonis maintains an...

Caterpillar Inc. (NYSE: CAT) dropped another 3 percent Wednesday after the company released its Q3 earnings report Tuesday morning. Wall Street analysts, however, remain bullish on Caterpillar in the near term and see the sell-off as a buying opportunity for investors. Here’s a sampling of...

Morgan Stanley initiated coverage of machinery stocks belonging to the three industry subgroups — trucks and suppliers, agriculture and construction — in a Friday note. The Analyst Morgan Stanley analyst Courtney Yakavonis initiated coverage of the following stocks: Trucks and...