CNH Industrial shares are trading lower after UBS maintained a Buy rating on the stock but lowered its price target from $15 to $14.
Portfolio Pulse from Benzinga Newsdesk
CNH Industrial shares declined after UBS maintained a Buy rating but reduced its price target from $15 to $14.
September 10, 2024 | 2:23 pm
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NEGATIVE IMPACT
UBS has maintained a Buy rating on CNH Industrial but lowered its price target from $15 to $14, leading to a decline in CNH Industrial's share price.
The reduction in the price target by UBS, despite maintaining a Buy rating, suggests a less optimistic outlook on CNH Industrial's short-term performance, leading to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100