Raymond James lowered the firm’s price target on CNH Industrial (CNH) to $14 from $15 and keeps an Outperform rating on the shares. Raymond James believes that a significant self-help runway still exists, with the potential to translate to an attractive long-term shareholder return, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNH:
- CNH Industrial price target lowered to $11.50 from $14 at BofA
- CNH Industrial price target lowered to $14 from $17 at Truist
- CNH Industrial advances sustainable farming with biogas
- CNH Industrial price target lowered to $12 from $13 at JPMorgan
- Jefferies sees other heavy manufacturers facing headwinds like Caterpillar