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Deere price target raised to $540 from $490 at JPMorgan

JPMorgan analyst Tami Zakaria raised the firm’s price target on Deere (DE) to $540 from $490 and keeps a Neutral rating on the shares. The company reported am earnings beat in fiscal Q2 but tweaked the midpoint of the fiscal 2025 earnings guide lower by 2% due to tariffs, the analyst tells investors in a research note.

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