Baird analyst Mircea Dobre raised the firm’s price target on CNH Industrial to $21 from $17 and keeps an Outperform rating on the shares. The analyst said that, following CNH’s Q4 report, the company’s 2023 is set for solid growth, adding that the firm is monitoring order progression into 2024. Baird added that it sees sufficient catalysts in 2023 given solid earnings momentum.
Published first on TheFly
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- CNH Industrial sees 2023 Industrial Activities net sales up 6%-10%
- CNH Industrial board intends to recommend annual dividend of EUR 0.36 per share
- CNH Industrial delivers record results in first year as pure play in Agriculture and Construction with strong fourth quarter
- CNH Industrial reports Q4 adjusted EPS 36c, consensus 35c
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