Stifel Maintains Buy on Deere, Lowers Price Target to $493
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott maintains a Buy rating on Deere (NYSE:DE) and lowers the price target from $500 to $493.
May 22, 2023 | 11:28 am
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Stifel analyst Stanley Elliott maintains a Buy rating on Deere (NYSE:DE) and lowers the price target from $500 to $493.
The news indicates that Stifel still has a positive outlook on Deere, maintaining a Buy rating. However, the lowered price target from $500 to $493 may cause some uncertainty among investors. The short-term impact on Deere's stock price is expected to be neutral as the lowered price target is not a significant change.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100