Here are 4 'high conviction' earnings stock picks from Morgan Stanley — including Caterpillar

A Caterpillar 330DL track excavator
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Morgan Stanley shared with its clients the firm's best current stock picks for earnings season.

“We highlight 10 names for which Morgan Stanley Research analysts have high conviction going into earnings season,” the firm’s research team said in a note to clients Thursday. “Our analysts believe that one or more imminent events will drive the share price materially over the next 15-60 days.”

Here are four companies that made the Morgan Stanley's recommended list and their price targets.

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