Deere & Company (DE) has drawn significant attention from investors intent upon assessing the industrial goods company's stock valuation following their ambitious $20 billion US manufacturing expansion plan. Wall Street Zen upgraded their stock rating which caused the share prices to soar 4.1%. These positive financial prospects led to the share price hitting a fresh 52-week high. However, despite some market gains, stock prices experienced a drop attributed to the uncertainty stemming from their interim CFO shift and the upcoming NBS spring orders, deemed the next crucial catalyst for Deere shares. The expansion of their manufacturing facilities chiefly in North Carolina and Indiana and the appointments of new investment management personnel were in focus as well. A major share sell-off occurred by some influential entities in the market, including Mawer Investment Management Ltd., Y Intercept Hong Kong Ltd., and Wilkinson Global Asset Management LLC which caused minor fluctuations in share prices. However, many others still perceive Deere & Company (DE) as a stellar investment opportunity after its strong one-year share price run with some, such as AlphaQuest LLC and Sumitomo Mitsui Trust Group Inc., purchasing more shares.
Deere Stocks DE News Analytics from Wed, 02 Jul 2025 07:00:00 GMT to Sat, 07 Feb 2026 08:47:38 GMT -
Rating +7
- Innovation +4
- Information +7
- Rumor -5
