JP Morgan Maintains Neutral on CNH Industrial, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains a Neutral rating on CNH Industrial (NYSE:CNHI) and lowers the price target from $14.5 to $14.
May 03, 2024 | 7:02 pm
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NEUTRAL IMPACT
JP Morgan analyst Tami Zakaria maintains a Neutral rating on CNH Industrial and lowers the price target from $14.5 to $14.
The adjustment in price target by JP Morgan reflects a slight negative sentiment towards CNH Industrial's short-term stock price potential, but the maintenance of a Neutral rating suggests that the analyst does not foresee significant downside or upside. This could lead to a neutral short-term impact on the stock as investors digest the implications of the revised price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100