Deere Stock Is Rising. Strong Earnings Tops Weak Guidance. -- Barrons.com
The demand outlook for agriculture equipment is weak, and deere's profit guidance for fiscal year 2025 is below expectations.
The world’s largest agricultural machinery manufacturer, Deere & Company, has announced its fourth quarter results.
Deere's Earnings Are Dropping. The Next Results Are Due Thursday. -- Barrons.com
JPMorgan's 'Analyst Focus List' – Growth, Income, Value, Short Ideas
Major bank rating | Citigroup: Downgrades target price for agricultural equipment manufacturers due to weak retail demand next year.
Citigroup has lowered the target price for Deere & Company from $420 to $410, for AGCO Corporation from $100 to $95, and for Case New Holland from $15 to $13. Analysts indicated that expectations have been comprehensively revised downwards, significantly for the year 2025, as the outlook for grain prices and dealer inventory levels will face challenges this year. Agriculture equipment manufacturers also anticipate that retail demand will remain weak at least until the first half of 2025. (Gelonghui)
Citi Maintains AGCO Corp(AGCO.US) With Hold Rating, Cuts Target Price to $95
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Mr Neitaniel :
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