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Fly News Breaks for July 27, 2015
DE
Jul 27, 2015 | 06:43 EDT
Goldman upgraded Deere to Neutral based on an improved margin profile. The firm said Deere is benefiting from lower raw material costs and strong ag equipment pricing through the downturn and raised its price target to $94 from $78. Goldman remains negative on the outlook for ad equipment capex given weaker farmer income and peak capital stock.
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