Information Provided By:
Fly News Breaks for May 15, 2015
DE
May 15, 2015 | 06:43 EDT
JPMorgan downgraded Deere to Underweight saying its talks with industry participants indicate the agriculture sector is in "dire straits" with the potential for a "liquidity crunch" for farmers into 2016. In addition, JPMorgan believes there are too many used Deere tractors in inventory. The firm cut its price target for shares to $84 from $90.
News For DE From the Last 2 Days
DE
Apr 23, 2024 | 07:42 EDT
Cyngn (CYN) has been chosen to supply its DriveMod Tuggers for industrial automation to John Deere's (DE) operation in Dubuque, Iowa. Cyngn is a supplier of AI-powered autonomous vehicle and data solutions based in Menlo Park, CA.