Bernstein Keeps Hold Rating on CAT, Raises Target Price to $1,002

Bernstein analyst Chad Dillard has reaffirmed his hold rating for Caterpillar (CAT.US), while increasing his target price to $1,002 from $879. This decision reflects the analyst's confidence in the company's performance and growth potential.

Dillard's success rate stands at 64.3%, with an average return of 8.0% over the past year, according to TipRanks data. The analyst's track record has earned him a reputation as a reliable predictor of market trends.