Reported 3 days ago
Deere & Company (NYSE:DE) has been upgraded by Oppenheimer following its recent fiscal third-quarter results, which led to a price target increase from $560 to $566. Despite a 6.8% stock sell-off after the report, Oppenheimer views this as a favorable entry point due to positive growth signals in Europe and Latin America. The company is expanding into agricultural robotics with products like AI-powered autonomous tractors and See and Spray technology, although concerns about pricing in Large Agriculture and tariffs exist.
Source: YAHOO