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.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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
