Agco price target raised to $137 from $130 at JPMorgan

JPMorgan raised the firm’s price target on Agco (AGCO) to $137 from $130 and keeps an Overweight rating on the shares. The company reported a 27% earnings beat and a guidance raise, the analyst tells investors in a research note. The firm sees upside to Agco’s fiscal 2025 earnings outlook and believes the shares “should be rewarded” before investors shift focus to 2026.