Stifel Maintains Buy on Deere, Lowers Price Target to $460
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott maintains a Buy rating on Deere (NYSE:DE) but has lowered the price target from $493 to $460.
August 21, 2023 | 1:36 pm
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NEUTRAL IMPACT
Stifel analyst Stanley Elliott maintains a Buy rating on Deere but has lowered the price target from $493 to $460.
The news is directly related to Deere (DE). While the maintained Buy rating is positive, the lowered price target might have a neutral to slightly negative impact on the stock in the short term as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100