Evercore ISI analyst David Raso lowered the firm’s price target on Deere to $381 from $424 and keeps an In Line rating on the shares. While stating that the risk-reward for Deere is “more attractive than it has been for a while,” the analyst sees “no rush” as the firm’s base case is still for a two year Ag downturn.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on DE: