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Fly News Breaks for July 13, 2015
DE
Jul 13, 2015 | 07:29 EDT
UBS said they expect their bearish thesis for the farm equipment sector to play out, citing weak corn prices which should pressure demand for agriculture equipment in the year ahead. The firm expects Deere's earnings to continue to decline in 2015 and reiterated its Sell rating and $77 price target on Deere shares.
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