BMO Capital Maintains Market Perform on Deere, Lowers Price Target to $425
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst John Joyner maintains a Market Perform rating on Deere (NYSE:DE) and lowers the price target from $450 to $425.
June 05, 2023 | 11:58 am
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BMO Capital's John Joyner maintains a Market Perform rating on Deere and reduces the price target from $450 to $425.
The news directly mentions Deere (NYSE:DE) and the lowered price target by BMO Capital. However, the Market Perform rating is maintained, indicating that the analyst still expects the stock to perform in line with the market. This may not have a significant short-term impact on the stock price, but it could influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100