Deere & Company's (NYSE:DE) performance in the stock market has been a trend that investors are paying close attention to. With the
market highs of 2022 around $440, the doubt over whether the
stock will rebound to these levels is palpable.
Wealthspire Advisors LLC and
Fidelis Capital Partners LLC have sold their shares while
AIA Group Ltd and
Norden Group LLC have shown confidence by buying in. Multiple drops in the
stock value by 9.8% YTD and a 6% dip in a week has been noticed, despite an
earnings beat. Nevertheless, the stock is being regarded as favourable by
institutional investors who hold around 70%. Furthermore, despite a disappointing
outlook for
earnings, the stock is still considered solid and holds potential due to strong
cash flows and
dividend growth. The company's potential in
AI and involvement in workforce streamlining are gaining interest.
Deere Stocks DE News Analytics from Wed, 23 Aug 2023 07:00:00 GMT to Sun, 14 Jul 2024 21:25:55 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -7
