Citigroup Maintains Buy on Deere, Lowers Price Target to $460
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein maintains a Buy rating on Deere (NYSE:DE) but lowers the price target from $505 to $460.
May 24, 2023 | 9:32 am
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NEUTRAL IMPACT
Citigroup maintains Buy rating on Deere (NYSE:DE) and lowers price target from $505 to $460.
Citigroup's lowered price target on Deere may have a neutral short-term impact on the stock price. While the Buy rating is maintained, the reduced price target may cause some investors to reevaluate their positions. However, the overall positive outlook from Citigroup may still support the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100