Wells Fargo Maintains Overweight on Deere, Lowers Price Target to $490
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Seth Weber maintains an Overweight rating on Deere (NYSE:DE) but lowers the price target from $510 to $490.

May 22, 2023 | 10:39 am
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NEUTRAL IMPACT
Wells Fargo maintains an Overweight rating on Deere (NYSE:DE) and lowers the price target from $510 to $490.
The news of Wells Fargo maintaining an Overweight rating on Deere indicates a positive outlook for the company. However, the lowering of the price target from $510 to $490 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100