JPMorgan Lifts Deere Price Target to $585.00 Amid Improved Earnings Outlook
Deere & Company (NYSE:DE) saw its price target lifted by analysts at JPMorgan Chase & Co. to $585.00 from a previous target of $570.00 in a research report issued on Friday.
This move suggests a potential downside of 7.65% from the stock's previous close, which was $633.45.
The firm currently has a 'neutral' rating on the industrial products company's stock and is one of 14 analysts who have rated DE with a Buy rating and nine have issued a Hold rating to the company's stock.