The Fly

Deere price target raised to $450 from $375 at BMO Capital

BMO Capital analyst John Joyner raised the firm’s price target on Deere to $450 from $375 and keeps a Market Perform rating on the shares. Joyner cites strong underlying industry fundamentals for the price target increase, which he says seems to account for many of the well-deserved positives built into the stock.

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