Barclays Maintains Overweight on CNH Industrial, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adam Seiden maintains an Overweight rating on CNH Industrial (NYSE:CNHI) but lowers the price target from $17 to $16.
October 18, 2023 | 12:31 pm
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Barclays maintains an Overweight rating on CNH Industrial but lowers the price target from $17 to $16.
While Barclays maintains an Overweight rating on CNH Industrial, indicating a positive outlook, the lowering of the price target from $17 to $16 could create some uncertainty among investors. This might lead to short-term volatility in the stock price, but the overall impact is expected to be neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100