Information Provided By:
Fly News Breaks for February 19, 2019
DE
Feb 19, 2019 | 07:35 EDT
UBS analyst Steven Fisher acknowledged that farmer caution is finally weighing on Deere's sales as the company reduced volume expectations for 2019. The analyst believes it is too early to write off Deere's potential for 2019 and he sees three ways farmer confidence can be improved: a trade deal with China, government support payments, and growing season dynamics. Fisher reiterated his Buy rating and $177 price target on Deere shares.
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.