Northland analyst Ted Jackson lowered the firm’s price target on CNH Industrial (CNH) to $16 from $18 and keeps an Outperform rating on the shares after the company reported “mixed” Q3 results and FY25 guidance. Management continues to see the global ag cycle bottoming in FY25 and expects this to lead to improved financial performance in the second half of FY26, but an updated view of tariffs results in a lower FY26 bottom-line view, the analyst tells investors.
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