DA Davidson Maintains Buy on Deere, Lowers Price Target to $492
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky maintains a Buy rating on Deere (NYSE:DE) but lowers the price target from $520 to $492.
May 22, 2023 | 1:03 pm
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NEUTRAL IMPACT
Deere's price target has been lowered from $520 to $492 by DA Davidson analyst Michael Shlisky, who maintains a Buy rating.
The news of DA Davidson lowering Deere's price target may have a neutral short-term impact on the stock price. While the price target has been reduced, the analyst still maintains a Buy rating, indicating a positive outlook for the company. Investors may interpret this news as a slight adjustment in expectations rather than a significant change in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100