Deere & Company (DE) is gaining significant traction, with various entities such as the
Bill & Melinda Gates Foundation Trust,
Rehmann Capital Advisory Group, and
Northern Trust Corp escalating their positions. Despite some fluctuations, the farming and construction equipment manufacturer's shares have attracted attention from institutional investors like MGO One Seven LLC and Integrated Wealth Concepts LLC. Some analysts even speculate on the potential for their value to reach
$300. However, contrasting predictions comment on a downside risk of over 30%.
Q2 earnings reveal lower sales than expected, prompting a share decline. Controversial opinions abound as some advise selling DE for alternatives, while others champion it as a strong investment now. The company faces challenges from cyclical pressure and strategic shifts, and some express skepticism towards its premium value. Despite challenges, DE is seen as a possible
defensive play against tariffs and as a potential heavyweight in
agriculture stocks by 2025. Earnings expectations, potential upside, and technical analysis point to a complex situation.
Deere Stocks DE News Analytics from Tue, 20 Aug 2024 07:00:00 GMT to Sat, 03 May 2025 10:33:23 GMT -
Rating 3
- Innovation -1
- Information 5
- Rumor -1
