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Fly News Breaks for October 9, 2019
DE
Oct 9, 2019 | 09:26 EDT
Baird analyst Mig Dobre said a proprietary call with Ag Equipment Intelligence discussed the 2020 North American Ag Dealers outlook. He said the outlook survey has proven to be directionally reliable giving him cause to believe Deere's quarter may be better than feared. Although risks remain, pricing is setting up to be very strong which should meaningfully help margins and corn prices could be a driver of retail demand improvement. Dobre reiterated his Outperform rating and $178 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.
