CAT to Follow Crude Oil Price to $40.00?

Is it reasonable to assume that so goes Crude Oil, so goes Caterpillar? Perhaps it is, or perhaps not, but the price charts of these two economic giants do show a fair degree of correlation.
Some Motley Fools I know think there may be some fundamental correlations as well.
Interestingly, both properties share downside price targets of $40.00 dollars. The major difference is that Crude is very much leading the way with a recent print low of $44.78 per barrel, which is not too far from our technical target.