2022-11-25 13:09:37

Deere To Jump Over 33%? These Analysts Boost Price Targets On The Agricultural Equipment Manufacturer Fol

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Benzinga
By Lisa Levin

Deere & Company DE reported Q4 EPS and sales results.

Deere reported Q4 sales of $15.54 billion, beating the consensus of $13.39 billion. Q4 EPS of $7.44 surpassed the consensus of $7.11.

Deere shares fell 0.1% to $437.00 in pre-market trading.

These analysts made changes to their price targets on Deere following the release of quarterly results.

  • UBS raised the price target on the stock from $374 to $452. UBS analyst Steven Fisher maintained a Neutral rating on the stock.
  • JP Morgan boosted Deere price target from $415 to $440. JP Morgan analyst Tami Zakaria maintained a Neutral rating on the stock.
  • Credit Suisse lifted the price target on Deere from $447 to $582. Credit Suisse analyst Jamie Cook maintained an Outperform rating on the stock.
  • Argus Research lifted the price target on Deere from $420to$475. Argus Research analyst John Eade maintained a Buy rating on the stock.

2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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