Agco price target lowered to $145 from $154 at Oppenheimer

Oppenheimer lowered the firm’s price target on Agco to $145 from $154 and keeps an Outperform rating on the shares. Agco’s mixed print and lowered guidance had a lot to unpack, and while acknowledging near-term execution, the firm remains bullish on the market share and margin opportunity, the analyst tells investors in a research note.