Deere & Company (DE) shares have been catching a wave of attention despite
mixed outlooks from various investors. Multiple firms like Cerity Partners LLC and Ballentine Partners LLC have increased their holdings in DE, which signals some confidence in the stock's performance. Commenting on DE's performance, Jim Cramer has remarked positively, suggesting that the stock still holds potential for further growth. Despite minor setbacks with its
financial performance and valuation concerns, DE seems to be holding steady in the broader market, faring considerably well compared to other stocks.
Brazil market expansion mentioned by Truist Financial Corp in their reaffirmation of their 'Buy' rating on DE, hints at a promising global outlook. There is consistent interest in DE from investors, as suggested by institutional investors owning approximately 83% of the company.
Earnings headwinds and deeper fiscal support await further clarification as DE gears up for its
Q2 earnings report. Meanwhile, some analysts see possible downside risk for DE's stock and recommend alternatives. The DE is also seen as a
potential front-runner in the AI, Industrial and Agricultural sectors, according to some reports.
Deere Stocks DE News Analytics from Thu, 21 Nov 2024 08:00:00 GMT to Sat, 12 Jul 2025 12:21:18 GMT -
Rating 2
- Innovation -2
- Information 3
- Rumor -2