Briefly: CNH Industrial falls as JPM downgrades citing weak agri market

** Truck and tractor maker's shares fall 4 pct after brokerage JP Morgan's cut its rating

** JP Morgan cut rating to "underweight" from "neutral"; Slashes PT on the U.S.-listed shares to $5 from to $6.50

** JP Morgan cites excess inventory that continues to plague the agricultural sector and a weakening Brazilian real that could weigh on soft commodity fundamentals into 2016/17

** Last month, CNH cut its FY outlook citing weak demand for farming machinery -- one of its biggest business

** Lower commodity prices and falling farm incomes continue to pressure demand for farming machinery hurting CNH and bigger U.S. peer Deere & Co

** JP Morgan also cut Deere's PT by 22 pct to $64, saying Deere faces similar, if not worse, challenges; Shares closed at $74.65 on Friday

** CNH shares were briefly suspended for volatility after falling 5 pct in noon trade

** 2 of 10 brokerages rate the stock "buy", 6 rate "hold" and 2 rate "sell" or lower; median PT $7.50; U.S.-listed CNH -16 pct YTD

** CNH Industrial is the top loser on FTSE Italia Mid Cap Index and 6th top faller on Stoxx 600