Deutsche Bank Maintains Hold on Deere, Lowers Price Target to $392
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Nicole Deblase maintains a Hold rating on Deere (NYSE:DE) and lowers the price target from $440 to $392.
May 22, 2023 | 2:02 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Hold rating on Deere and lowers the price target from $440 to $392.
Deutsche Bank's decision to maintain a Hold rating on Deere indicates a neutral outlook for the stock. However, the lowered price target from $440 to $392 suggests that the analyst sees limited upside potential in the short term. This news is directly related to Deere and is important for investors, but the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100