UBS Maintains Buy on CNH Industrial, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Steven Fisher has maintained a Buy rating on CNH Industrial (NYSE:CNHI) but has reduced the price target from $20 to $15.

November 24, 2023 | 3:57 pm
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NEUTRAL IMPACT
UBS analyst Steven Fisher maintains a Buy rating on CNH Industrial but lowers the price target from $20 to $15.
While the reduction in price target could suggest a more conservative outlook on the company's future performance, the maintenance of a Buy rating indicates that UBS still sees value in CNH Industrial's stock. This mixed signal may lead to a neutral short-term impact on the stock price as investors digest both the positive endorsement and the lowered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100