Oppenheimer Maintains Outperform on AGCO, Lowers Price Target to $133
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Kristen Owen maintains an Outperform rating on AGCO (NYSE:AGCO) but lowers the price target from $145 to $133.
June 12, 2024 | 1:22 pm
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Oppenheimer analyst Kristen Owen maintains an Outperform rating on AGCO but lowers the price target from $145 to $133. This suggests confidence in AGCO's performance but indicates a more conservative outlook on its stock price.
The Outperform rating indicates continued confidence in AGCO's performance, but the lowered price target suggests a more cautious outlook on its stock price. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100