CNH Industrial price target raised to $14 from $12 at Citi

Citi raised the firm’s price target on CNH Industrial (CNH) to $14 from $12 and keeps a Buy rating on the shares. The firm views the low-end of the company’s 2025 guidance as “too draconian” considering it assumes tariffs rates as announced on April 2. CNH would have kept its prior guidance intact absent tariff impacts, the analyst tells investors in a research note. Citi now assigns a higher multiple to the shares.