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Fly News Breaks for December 3, 2019
Dec 3, 2019 | 07:59 EDT
Argus analyst John Eade raised his price target on Deere to $185 and kept his Buy rating. The analyst is positive on the margin expansion efforts of the new management and believes that the company has continued earnings power in the quarters ahead. Eade adds that while the stock has been "caught up" in the trade and tariff debate recently, falling about 7% off its all-time high, the technical long-term outlook for the shares remains "favorable".
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