After visiting Agco's Jackson, Minnesota tractor and commercial application equipment plant, which has "essentially [become] the flagship North American tractor factory for the company," William Blair analyst Lawrence De Maria noted that there is still plenty of room to drive higher volume through this plant and 2019 is "looking to be another year of growth." A midteens multiple on his 2019 EPS estimate of $5.15 implies a stock at $75-$80, with upside potential in the case of a market recovery, noted De Maria, who keeps an Outperform rating on Agco shares.