Deere & Company (DE) has disclosed a new risk, in the Technology category.
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Deere & Company faces significant business risks due to its heavy reliance on technology systems for daily operations. Any failure or inefficiency in these systems, whether from integration issues or obsolescence, could lead to operational delays and reduced product demand, ultimately impacting sales. Such disruptions not only risk declining customer retention but also pose a threat to the company’s reputation and financial stability. Therefore, ensuring robust and adaptable technological infrastructure is crucial for maintaining Deere & Company’s market position and operational effectiveness.
Overall, Wall Street has a Moderate Buy consensus rating on DE stock based on 6 Buys and 6 Holds.
To learn more about Deere & Company’s risk factors, click here.