Deere & Co. Price Target Cut by JPMorgan Chase & Co.

JPMorgan Chase & Co. has decreased its price target for Deere & Company from $590.00 to $570.00, indicating a potential downside of 6.49% from the stock's previous close.

The firm currently holds a 'neutral' rating on the industrial products company's stock, which was previously set at $752.00 by Royal Bank Of Canada and $685.00 by DA Davidson.

Fourteen research analysts have given Deere & Company a Buy rating, while nine have assigned it a Hold rating, resulting in an average rating of 'Moderate Buy' with an average target price of $641.98.