JP Morgan Maintains Overweight on AGCO, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ann Duignan maintains an Overweight rating on AGCO (NYSE:AGCO) but lowers the price target from $130 to $115.

July 31, 2024 | 6:31 pm
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NEUTRAL IMPACT
JP Morgan analyst Ann Duignan maintains an Overweight rating on AGCO but lowers the price target from $130 to $115.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on AGCO's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100