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Fly News Breaks for September 5, 2018
DE
Sep 5, 2018 | 07:18 EDT
Deutsche Bank analyst Chad Dillard resumed coverage of Deere with a Hold rating and $155 price target. Since late cycle concerns took hold in April, the Machinery sector has underperformed the S&P 500 by 15% and is approaching valuation lows last seen during the 2015 energy and 2008 global financial crises, Dillard tells investors in a research note. He resumed coverage of eight stocks in the Machinery sector, with two Buy ratings, one Sell rating and five Holds.
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