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Analysts Are Bullish on Top Conglomerates Stocks: Deere (DE)

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There’s a lot to be optimistic about in the Conglomerates sector as 1 analysts just weighed in on and Deere (DEResearch Report) with bullish sentiments.

Deere (DE)

In a report issued on February 18, Stephen Volkmann from Jefferies maintained a Buy rating on Deere, with a price target of $450.00. The company’s shares closed last Tuesday at $364.93.

According to TipRanks.com, Volkmann is a 5-star analyst with an average return of 19.8% and a 63.4% success rate. Volkmann covers the Industrial Goods sector, focusing on stocks such as SiteOne Landscape Supply, Lennox International, and Trane Technologies.

Deere has an analyst consensus of Moderate Buy, with a price target consensus of $432.10, which is a 15.6% upside from current levels. In a report issued on February 18, Goldman Sachs also reiterated a Buy rating on the stock.

See the top stocks recommended by analysts >>

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