Morgan Stanley Maintains Overweight on Deere, Lowers Price Target to $517
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dillon Cumming maintains an Overweight rating on Deere (NYSE:DE) but lowers the price target from $537 to $517.

May 22, 2023 | 12:10 pm
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Morgan Stanley maintains an Overweight rating on Deere (NYSE:DE) and lowers the price target from $537 to $517.
Morgan Stanley's analyst Dillon Cumming maintains an Overweight rating on Deere, indicating a positive outlook for the stock. However, the price target has been lowered from $537 to $517, which may have a neutral impact on the stock price in the short term as the rating remains positive but the target has been reduced.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100