UPDATE: Jefferies Lowers PT on CNH Global on 1Q13 Preview
April 17, 2013 at 11:22 AM EDT
In a report published Wednesday, Jefferies analyst Stephen Volkmann reiterated a Hold rating on CNH Global (NYSE: CNH ), but lowered the price target from $49.00 to $45.00. In the report, Volkmann noted, “We see some modest downside in 1Q machinery earnings, but recent stock weakness suggests this is largely
