Credit Suisse Maintains Outperform on Deere, Lowers Price Target to $551
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Jamie Cook maintains an Outperform rating on Deere (NYSE:DE) but lowers the price target from $560 to $551.
August 21, 2023 | 11:37 am
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Credit Suisse has maintained an Outperform rating on Deere but lowered the price target from $560 to $551.
The news is directly about Deere and its rating by Credit Suisse. While the Outperform rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, which could potentially impact the stock's performance in the short term. However, the overall impact is likely to be neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100