Oppenheimer analyst Kristen Owen lowered the firm’s price target on CNH Industrial (CNH) to $15 from $16 and keeps an Outperform rating on the shares. Amid tariff and macro uncertainty, agriculture has “proved a relatively resilient pocket of the market,” the analyst tells investors in a research note. The firm says that while not immune to tariffs and retaliatory measures, ag’s fundamental setup coming into 2025 remains intact. The potential for government subsidies helps dampen the economic impact on farmer customers, contends Oppenheimer.
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Read More on CNH:
- CNH Industrial price target lowered to $12.50 from $14 at DA Davidson
- CNH Industrial price target lowered to $15 from $16.50 at Morgan Stanley
- CNH Industrial price target lowered to $12.50 from $14 at BofA
- Northland likes risk/reward for CNH Industrial, upgrades to Outperform
- CNH Industrial upgraded to Outperform from Market Perform at Northland
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