** Agricultural and construction equipment maker CNH Industrial's CNH.N shares rise 2.7% to $11.50 premarket
** Brokerage Bernstein Societe Generale Group upgrades stock to "outperform", raises PT to $17 from $11
** Sees demand for mid- and high horse-power tractors and combines continuing to fall into 2025, but reaching a trough in the second half of the year, with rebounded and normalized demand expected around 2027, and peak sales expected by 2028
** Believes new CEO Gerrit Marx is determined to regain cost control after a "somewhat headless chicken" growth years under his predecessor
** Expects trimming of co's product portfolio, R&D and overheads
** Ten of 20 brokerages rate the stock "buy" or higher, and ten "hold"; median PT is $14- data compiled by LSEG
** CNH stock fell 7% in 2024
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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