JP Morgan Maintains Neutral on CNH Industrial, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ann Duignan has maintained a Neutral rating on CNH Industrial (NYSE:CNHI) and increased the price target from $12 to $13.

December 04, 2023 | 5:56 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on CNH Industrial and raised the price target from $12 to $13, indicating a potential upside from the previous target.
The increase in price target by JP Morgan suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum or changes in the company's fundamentals to warrant a more bullish stance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100