DA Davidson Initiates Coverage On CNH Industrial with Neutral Rating, Announces Price Target of $13
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky has initiated coverage on CNH Industrial (NYSE:CNHI) with a Neutral rating and set a price target of $13 for the company's stock.

January 23, 2024 | 10:38 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
CNH Industrial received a Neutral rating from DA Davidson with a price target of $13, indicating a balanced view without a strong bullish or bearish stance.
The initiation of coverage by an analyst typically garners attention from investors and can influence stock perception. A Neutral rating suggests that the analyst sees the stock as fairly valued at its current price, implying no significant short-term price movement. The price target of $13 provides a reference point for investors but does not suggest a strong upside or downside, hence the neutral impact score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100