Barclays analyst Adam Seiden raised the firm’s price target on Deere (DE) to $475 from $400 and keeps an Overweight rating on the shares following the earnings report. The cyclical framework aligns with Deere’s guide with Brazil stabilizing and positive price in 2025, the analyst tells investors in a research note.
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Read More on DE:
- Deere & Company Reports Decline in 2024 Earnings
- Deere price target raised to $511 from $440 at Baird
- Nvidia reports Q3 beat, Starbucks explores China partnerships: Morning Buzz
- Deere sees Q1 equipment operations top line sales down 15%-20% sequentially
- Deere sees positive price costs for FY25
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
