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Citi Remains a Buy on CNH Industrial (CNH)

Tipranks - Tipranks - Tue Apr 14, 5:14AM CDT

In a report released today, Kyle Menges from Citi maintained a Buy rating on CNH Industrial, with a price target of $14.00.

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Menges covers the Industrials sector, focusing on stocks such as EquipmentShare.com, Inc., Herc Holdings, and WillScot Mobile Mini Holdings. According to TipRanks, Menges has an average return of 19.4% and a 65.49% success rate on recommended stocks.

In addition to Citi, CNH Industrial also received a Buy from Barclays’s Adam Seiden in a report issued on April 1. However, on April 10, J.P. Morgan maintained a Sell rating on CNH Industrial (NYSE: CNH).

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Based on CNH Industrial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.16 billion and a net profit of $86 million. In comparison, last year the company earned a revenue of $4.88 billion and had a net profit of $173 million

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