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Fly News Breaks for June 5, 2018
DE
Jun 5, 2018 | 07:49 EDT
Morgan Stanley analyst Courtney Yakavonis argues that Deere shares represent the most efficient way across the options available to public equity investors to get exposure to a recovery in the agricultural cycle. Even without upside to current grain prices, the replacement cycle supports demand through 2020, adds Yakavonis, who reiterates an Overweight rating and $185 price target on Deere shares.
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