Deere & Company's (DE) performance in recent times has made it a subject of interest among investors. The
stock outperformed the market leading investors to wonder if the stock is fully valued at $380. Despite its accolades, it has experienced a dip due to the threat of Trump's tariffs, dropping 2%. Nevertheless, analysts opine that the stock's discount to Caterpillar presents an opportunity for investors. The company has taken an unexpected growth trajectory for the second half of the decade, with its shares skyrocketing, sparking intense investor interest. However, it's worth noting that Deere's stock has endured some turbulence, falling 9.8% Year-To-Date (YTD), and recording a 0.57% movement. Uncertainties surround whether
Q1 2025 earnings projections issued by Zacks Research, and strong Q3 results would help to rebound the stock to its yearly highs. The company also saw a decline in Q2, largely due to a $9.93M bribery settlement. However, despite its decent Q3 earnings beat and optimistic outlook, Deere's guidance cut put slight pressure on the stock.
Deere Stocks DE News Analytics from Wed, 22 Nov 2023 08:00:00 GMT to Wed, 09 Oct 2024 23:36:03 GMT -
Rating 3
- Innovation 4
- Information 7
- Rumor -6
