Goldman Sachs Downgrades CNH Industrial, Lowers 12-Month Target as Rally Appears Priced In
Goldman Sachs moved CNH Industrial from Buy to Neutral and reduced its 12-month price target to $10.50 from $12.00, saying the stock is now fairly valued after substantial outperformance. The change was issued as part of a wider review of Europe’s capital goods sector following first-quarter 2026 results, which showed robust order growth led by AI …