** D.A. Davidson cuts price target on farm and construction machinery maker CNH Industrial CNH.N to $10 from $13, maintains rating at "neutral"
** New PT shows an upside of 3.5% from the stock's last close
** The company last week lowered its FY profit forecast, citing tariff headwinds and sluggish demand for tractors and combines
** However, co sees cautious optimism that the agriculture market could begin to recover in 2026
** Brokerage lowers near-term earnings outlook, cutting FY 25 adj. EPS and EBITDA estimates
** Brokerages notes CNH is "on the verge of a revenue inflection", but flags execution risks surrounding its recently announced five-year strategic plan
** Eleven of 20 brokerages rate the stock "buy" or higher and nine "hold"; their median PT is $13.5, data compiled by LSEG
** Stock down 14.7% YTD, as of last close
(Reporting by Megavarshini G. Somasundaram in Bengaluru)
((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))