Fly News Breaks for April 18, 2016
CNHI
Apr 18, 2016 | 07:03 EDT
BofA/Merrill upgraded CNH Industrial to Buy and raised its price target to $8 on a better emerging markets view. The firm's analyst said said CNH has been a relative laggard versus peers and said it would be a beneficiary of the slightest improvement in Latin America.
News For CNHI From the Last 2 Days
CNHI
Apr 15, 2024 | 14:38 EDT
Morgan Stanley raised the firm's price target on CNH Industrial (CNHI) to $13.80 from $12.70 and keeps an Equal Weight rating on the shares. The firm is marking to market its models and price targets, but notes that its earnings expectations for 2024 are relatively unchanged with its 2024 EPS estimates for its Machinery and Construction coverage changing by about 1% on average. The firm still sees the most attractive risk-rewards in Overweight-rated PACCAR (PCAR), Cummins (CMI), Martin Marietta Materials (MLM), Wabtec (WAB) and Deere (DE) and an "increasingly negatively skewed risk/reward" in Underweight-rated Terex (TEX), Lincoln Electric (LECO) and Donaldson (DCI), the analyst tells investors.