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Fly News Breaks for February 26, 2020
DE
Feb 26, 2020 | 08:26 EDT
Argus analyst John Eade keeps his Buy rating and $185 price target on Deere, saying the recent weakness in the stock price offers a buying opportunity. The analyst is positive on the company's earnings power in the quarters ahead and the management's efforts to expand margins, noting that while the pullback in the stock price due to tariff concerns and coronavirus fears has taken shares down 8% from all-time-highs, the technical outlook remains favorable.
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