Critical Insights From Deere Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Recent analyst ratings for Deere (NYSE:DE) show a mix of bullish and bearish perspectives, with an average 12-month price target of $428.14, reflecting a slight increase from the previous target. Analyst actions include both upgrades and downgrades, with price targets ranging from $387.00 to $494.00. Deere's financial health indicators such as market capitalization, revenue decline, net margin, ROE, ROA, and debt management are also discussed, highlighting its strong market position despite some challenges.
March 14, 2024 | 4:01 pm
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NEUTRAL IMPACT
Deere's mixed analyst ratings and slight increase in the average 12-month price target to $428.14 indicate cautious optimism among analysts. Financial health indicators present a robust market position, though challenges like revenue decline and high debt are noted.
The mixed analyst ratings with a slight increase in the average price target suggest a cautiously optimistic outlook for Deere. The financial health indicators, including a strong market capitalization and net margin, support a positive view. However, the revenue decline and high debt level introduce some uncertainty, leading to a neutral short-term impact score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100