Deere & Company (DE) has witnessed multiple shifts in its stock performance recently, engaging various investor discussions. Coastline Trust Co offloaded 2,040 shares, while Mediolanum International Funds picked up 2,205 shares. Meanwhile, Mengis Capital Management, Community Bank & Trust Waco Texas, Sumitomo Mitsui Trust Group and Robeco Institutional Asset Management reduced their holdings, and Iyo Bank Ltd, New Century Financial Group and WoodTrust Financial increased theirs. Deere's stock declined amid improving market conditions yet surged due to better financial performance and positive ratings. Despite its decline, many believe the stock is fully valued at about $380 and question whether now is a good time to buy. It's suggested that those who invested $100 in Deere five years ago, have seen an impressive 147% return. However, with a 9.8% fall YTD, investors are urged to consider the possible rebound to 2022 highs around $440. Meanwhile, warnings of Trump's tariff threats impacting the stock surfaced. Deere's Q3 financial results announcement was also noteworthy. Looking ahead, Deere's earnings were satisfying despite slowing sales, but agricultural downturn resulted in cut job numbers. Some believe that due to this volatility, now could be time to add Deere to your portfolio or watchlist.
Deere Stocks DE News Analytics from Thu, 08 Feb 2024 17:29:13 GMT to Sat, 16 Nov 2024 13:37:37 GMT -
Rating 4
- Innovation -2
- Information 5
- Rumor 2
