Oppenheimer Reiterates Perform Rating on CNH Industrial NV (CNHI)

Bernstein SocGen Group Has 3 Problems with CNH Industrial NV (CNHI) CEO Change

Bernstein SocGen Group analyst Nicholas Green reiterated a Market Perform rating and $13.00 price target on CNH Industrial NV (NYSE: CNHI).

The analyst comments "CNH Industrial has announced CEO Scott Wine will step down effective 1 July 2024. In joining the dots on this surprise announcement, we find three worrying messages for investors. (1) Why leave now? Inconsistencies raise more questions than they answer. Per the company, Wine would not commit to stay for the full term of a new 3-year business plan, and so agreed to step aside in favour of a CEO who would.... More

Barclays Reiterates Overweight Rating on CNH Industrial NV (CNHI)

Barclays analyst Adam Seiden reiterated an Overweight rating and $16.00 price target on CNH Industrial NV (NYSE: CNHI).

Comments follow news CNH Industrial N.V. (NYSE: CNHI) announced the appointment of Gerrit Marx to the role of CEO effective July 1, 2024. He succeeds Scott Wine, whose request to... More

CNH Industrial N.V. (CNHI) Announces CEO Resignation

On April 20, 2024, Scott W. Wine resigned as Chief Executive Officer and Executive Director of CNH Industrial N.V. (NYSE: CNHI), as well as from all other positions that he holds with CNH, effective as of July 1, 2024 (the Effective Date). Mr. Wines resignation... More

BofA Securities Downgrades CNH Industrial NV (CNHI) to Neutral, 'CEO change adds uncertainty at the wrong time'

(Updated - April 22, 2024 9:33 AM EDT)

BofA Securities analyst Michael Feniger downgraded CNH Industrial NV (NYSE: CNHI) from Buy to Neutral with a price target of $13.00 (from $16.00).

The analyst comments "On YTD basis, CNH is slightly outperforming peers (+1% vs DE... More