JP Morgan Maintains Overweight on AGCO, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains an Overweight rating on AGCO Corporation (NYSE:AGCO) but lowers the price target from $150 to $135.
May 03, 2024 | 7:15 pm
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JP Morgan analyst Tami Zakaria reaffirmed an Overweight rating on AGCO Corporation but reduced the price target from $150 to $135.
The reduction in the price target by JP Morgan, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors, potentially impacting AGCO's stock price negatively.
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