Baird raised the firm’s price target on Deere (DE) to $514 from $501 and keeps a Neutral rating on the shares. The firm updated its model following Q2 results where tariffs are expected to pressure margins in the second half of the year and visibility into the Ag upcycle remains low.
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Read More on DE:
- Deere price target raised to $555 from $513 at Oppenheimer
- Deere & Co: Navigating Tariff Challenges and Valuation Concerns Amidst Earnings Growth Uncertainty
- Deere price target raised to $540 from $490 at JPMorgan
- Deere price target raised to $556 from $495 at BofA
- Deere’s Strong Position and Growth Prospects Amidst Market Uncertainties: A Bullish Outlook