UBS lowered the firm’s price target on CNH Industrial (CNH) to $14 from $15 and keeps a Buy rating on the shares. The U.S. economy appears weaker than a year ago with slower GDP growth, higher unemployment, and fewer jobs, but the machinery and industrial sector is in better shape with stabilized demand, lower inventories, and reduced tariff uncertainty, supported by potential growth catalysts such as One Big Beautiful Bill provisions benefiting consumers, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNH:
- CNH Industrial appoints Carlo Materazzo as CMO, Britton Worthen as CLCO
- CNH Industrial price target lowered to $11 from $14 at Barclays
- CNH Industrial price target lowered to $11 from $13 at Citi
- CNH Industrial enters partnership with CHC Navigation
- Buy/Sell: Wall Street’s top 10 stock calls this week
