Deere & Company DE reported posted better-than-expected Q4 EPS and sales results.
Deere reported Q4 sales of $15.54 billion, beating the consensus of $13.39 billion. Q4 EPS of $7.44 surpassed the consensus of $7.11.
Deere shares fell 0.1% to $437.00 in pre-market trading.
These analysts made changes to their price targets on Deere following the release of quarterly results.
- UBS raised the price target on the stock from $374 to $452. UBS analyst Steven Fisher maintained a Neutral rating on the stock.
- JP Morgan boosted Deere price target from $415 to $440. JP Morgan analyst Tami Zakaria maintained a Neutral rating on the stock.
- Credit Suisse lifted the price target on Deere from $447 to $582. Credit Suisse analyst Jamie Cook maintained an Outperform rating on the stock.
- Argus Research lifted the price target on Deere from $420 to $475. Argus Research analyst John Eade maintained a Buy rating on the stock.
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