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Fly News Breaks for January 13, 2017
CNHI
Jan 13, 2017 | 09:08 EDT
As previously reported, BofA/Merrill upgraded CNH Industries to Neutral from Underperform and raised its price target to $9.50 from $6.50. Analyst Ross Gilardi said aggressive inventory reductions by dealers are gaining traction and raised his Ag margin estimate for CNH by 30bp to 8% for 2017.
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