BMO Capital Initiates Coverage On Deere with Market Perform Rating, Announces Price Target of $400
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has initiated coverage on Deere (NYSE:DE) with a Market Perform rating and set a price target of $400.
August 09, 2024 | 9:21 am
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BMO Capital has initiated coverage on Deere with a Market Perform rating and set a price target of $400.
The Market Perform rating suggests that BMO Capital expects Deere's stock to perform in line with the market. The price target of $400 provides a specific valuation benchmark. This news is moderately important for investors as it provides new analyst insight but does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100