Baird lowered the firm’s price target on Deere (DE) to $488 from $520 and keeps a Neutral rating on the shares. The firm updated its model following Q3 results which suggests headwinds will persist and visibility remains elusive.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DE:
- Deere price target raised to $566 from $560 at Oppenheimer
- Deere price target lowered to $602 from $619 at Truist
- Deere’s Long-Term Value Intact Amid Market Challenges: Overweight Rating with $500 Target
- Cathie Wood Buys Deere Stock (DE) on Post-Earnings Dip, Builds Stake in Exact Sciences and Robinhood Stocks
- Deere & Company Reports Q3 Earnings Amid Challenges