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Fly News Breaks for August 21, 2017
DE
Aug 21, 2017 | 09:06 EDT
Wells Fargo believes that the decline in Deere following its disappointing Q3 results has created a good entry point. The firm thinks that the margin headwinds the company encountered last quarter will dissipate by early fiscal 2018, and it thinks that farm trends will continue to improve for some time. Wells thinks that the company will do better during this upturn than during the previous one. It keeps a $150 price target and an Outperform rating.
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.