Citigroup Maintains Neutral on Deere, Raises Price Target to $395
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Kyle Menges maintains a Neutral rating on Deere (NYSE:DE) and raises the price target from $370 to $395.

August 16, 2024 | 1:00 pm
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Citigroup analyst Kyle Menges maintains a Neutral rating on Deere and raises the price target from $370 to $395.
The raised price target from $370 to $395 by Citigroup suggests a positive outlook for Deere's stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100