BUZZ-CNH Industrial up after Bernstein upgrades stock on potential for sales recovery

Reuters

Jan 06, 2025

** Agricultural and construction equipment maker CNH Industrial's CNH.N shares rise 2.7% to $11.50 premarket

** Brokerage Bernstein Societe Generale Group upgrades stock to "outperform", raises PT to $17 from $11

** Sees demand for mid- and high horse-power tractors and combines continuing to fall into 2025, but reaching a trough in the second half of the year, with rebounded and normalized demand expected around 2027, and peak sales expected by 2028

** Believes new CEO Gerrit Marx is determined to regain cost control after a "somewhat headless chicken" growth years under his predecessor

** Expects trimming of co's product portfolio, R&D and overheads

** Ten of 20 brokerages rate the stock "buy" or higher, and ten "hold"; median PT is $14- data compiled by LSEG

** CNH stock fell 7% in 2024

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2501231261"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2501231261\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2501231261?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-06 21:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2501231261","market":"us","top_or_hot":-1,"title":"BUZZ-CNH Industrial up after Bernstein upgrades stock on potential for sales recovery","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-CNH Industrial up after Bernstein upgrades stock on potential for sales recovery</title></head><body><p>** Agricultural and construction equipment maker CNH Industrial's <span>CNH.N</span> shares rise 2.7% to $11.50 premarket</p><p>** Brokerage Bernstein <a href=\"https://laohu8.com/S/SCGLF\">Societe Generale</a> Group upgrades stock to \"outperform\", raises PT to $17 from $11</p><p>** Sees demand for mid- and high horse-power tractors and combines continuing to fall into 2025, but reaching a trough in the second half of the year, with rebounded and normalized demand expected around 2027, and peak sales expected by 2028</p><p>** Believes <span>new CEO</span> Gerrit Marx is determined to regain cost control after a \"somewhat headless chicken\" growth years under his predecessor</p><p>** Expects <span>trimming of co's product portfolio, R&amp;D and overheads</span></p><p>** Ten of 20 brokerages rate the stock \"buy\" or higher, and ten \"hold\"; median PT is $14- data compiled by LSEG</p><p>** CNH stock fell 7% in 2024</p><p> (Reporting by Neil J Kanatt in Bengaluru)</p><p> ((Neil.JKanatt@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-CNH Industrial up after Bernstein upgrades stock on potential for sales recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-CNH Industrial up after Bernstein upgrades stock on potential for sales recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-01-06 21:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-CNH Industrial up after Bernstein upgrades stock on potential for sales recovery</title></head><body><p>** Agricultural and construction equipment maker CNH Industrial's <span>CNH.N</span> shares rise 2.7% to $11.50 premarket</p><p>** Brokerage Bernstein <a href=\"https://laohu8.com/S/SCGLF\">Societe Generale</a> Group upgrades stock to \"outperform\", raises PT to $17 from $11</p><p>** Sees demand for mid- and high horse-power tractors and combines continuing to fall into 2025, but reaching a trough in the second half of the year, with rebounded and normalized demand expected around 2027, and peak sales expected by 2028</p><p>** Believes <span>new CEO</span> Gerrit Marx is determined to regain cost control after a \"somewhat headless chicken\" growth years under his predecessor</p><p>** Expects <span>trimming of co's product portfolio, R&amp;D and overheads</span></p><p>** Ten of 20 brokerages rate the stock \"buy\" or higher, and ten \"hold\"; median PT is $14- data compiled by LSEG</p><p>** CNH stock fell 7% in 2024</p><p> (Reporting by Neil J Kanatt in Bengaluru)</p><p> ((Neil.JKanatt@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CNH","symbol_name":"凯斯纽荷兰环球","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250106:nL4N3O20VC:1","article_id":"2501231261","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501231261","pubTimestamp":1736170103,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-CNH Industrial up after Bernstein upgrades stock on potential for sales recovery** Agricultural and construction equipment maker CNH Industrial's CNH.N shares rise 2.7% to $11.50 premarket** Brokerage Bernstein Societe Generale Group upgrades stock to \"outperform\", raises PT to $17 from $11** Sees demand for mid- and high horse-power tractors and combines continuing to fall into 2025, but reaching a trough in the second half of the year, with rebounded and normalized demand expected around 2027, and peak sales expected by 2028** Believes new CEO Gerrit Marx is determined to regain cost control after a \"somewhat headless chicken\" growth years under his predecessor** Expects trimming of co's product portfolio, R&D and overheads** Ten of 20 brokerages rate the stock \"buy\" or higher, and ten \"hold\"; median PT is $14- data compiled by LSEG** CNH stock fell 7% in 2024  ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate","earning"],"viewcount":null,"language":"en","relate_stocks":{"CNH":"凯斯纽荷兰环球"},"translate_title":"伯恩斯坦因销售复苏潜力上调股票评级后，CNH Industrial股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CNH":0.9},"content_text":"BUZZ-CNH Industrial up after Bernstein upgrades stock on potential for sales recovery** Agricultural and construction equipment maker CNH Industrial's CNH.N shares rise 2.7% to $11.50 premarket** Brokerage Bernstein Societe Generale Group upgrades stock to \"outperform\", raises PT to $17 from $11** Sees demand for mid- and high horse-power tractors and combines continuing to fall into 2025, but reaching a trough in the second half of the year, with rebounded and normalized demand expected around 2027, and peak sales expected by 2028** Believes new CEO Gerrit Marx is determined to regain cost control after a \"somewhat headless chicken\" growth years under his predecessor** Expects trimming of co's product portfolio, R&D and overheads** Ten of 20 brokerages rate the stock \"buy\" or higher, and ten \"hold\"; median PT is $14- data compiled by LSEG** CNH stock fell 7% in 2024 (Reporting by Neil J Kanatt in Bengaluru) ((Neil.JKanatt@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}