Melius has upgraded Deere stock and set a $750 price target. Despite Deere & Company stocks being sold by First Community Trust and Nixon Peabody Trust among others,
Foster Group, Gateway Investment Advisers, and Apella Capital have boosted their position. Investors are immensely interested in Deere stocks, setting it at a possible buy point following strong results and a bullish outlook from multiple sources, including
Bill & Melinda Gates Foundation Trust. Still, views on the stock remains divided with the anticipation of upcoming quarterly results in-favor of a positive performance due to strong financials and a potential bullish outcome. Deere stocks could potentially turn lucrative for investors, despite the looming effect of pre-tax tariffs. In the argument of its value, some are predicting Deere stock, currently at $440, is fully valued while others cite factors such as
Jim Cramer's endorsement, positive Q2 earnings and expectation of future solid results for a bullish case. Deere is also set to offer a quarterly dividend of $1.62 payable by August 2025.
Deere Stocks DE News Analytics from Thu, 21 Nov 2024 08:00:00 GMT to Sat, 07 Jun 2025 11:58:00 GMT -
Rating 5
- Innovation 8
- Information 4
- Rumor -1
