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Fly News Breaks for May 7, 2019
AGCO
May 7, 2019 | 07:27 EDT
RBC Capital analyst Seth Weber raised his price target on Agco to $86 and kept his Outperform rating after the company's Q1 earnings beat last week as well as his meetings with its management. The analyst sees the stock among his "top ideas", saying its pure-play farm equipment status positions it well for a rebound in industry demand that is expected to materialize in 2020. Weber also anticipates market share gains and margin driving initiatives from Agco, raising his FY19 and FY20 EPS view by 25c and 15c to $4.95 and $5.75 respectively.
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.
