Citi analyst Kyle Menges lowered the firm’s price target on Agco (AGCO) to $120 from $125 and keeps a Neutral rating on the shares. The firm adjusted price targets in the machinery group.
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Read More on AGCO:
- AGCO’s Technological Advances and Economic Uncertainties Balance Hold Rating
- Agco price target lowered to $135 from $137 at JPMorgan
- Jefferies sees other heavy manufacturers facing headwinds like Caterpillar
- Caterpillar estimates lowered at Morgan Stanley on additional tariff headwinds
- Agco says new tariffs making it harder to boost U.S. market share, WSJ reports