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Fly News Breaks for February 8, 2018
AGCO
Feb 8, 2018 | 09:21 EDT
BMO Capital analyst Joel Tiss lowered his price target on AGCO to $75 and kept his Market Perform rating after a stock price decline following Q4 results. Tiss says that the stock underperformance was an overreaction, as the company has been "rolling out new offerings and innovations to help increase market share and position it for a stronger recovery". The analyst also attributes the soft margins to weakness in South America from lower production caused by an inventory pre-build in year-ago quarter.
News For AGCO From the Last 2 Days
AGCO
Apr 25, 2024 | 15:40 EDT
AGCO Corporation announced that its board of directors declared a special variable dividend in the amount of $2.50 per share and a regular quarterly dividend of 29c per outstanding share. The special variable dividend will be payable on June 20 to shareholders of record at the close of business on May 20. Payment of the 29c quarterly dividend will be made on June 14 to all stockholders of record as of the close of business on May 15.
