Jefferies analyst Stephen Volkmann maintained a Buy rating on Deere (DE – Research Report) on June 13. The company's shares closed last Thursday at $317.70, close to its 52-week low of $307.64. According to TipRanks.com, Volkmann is a 5-star analyst with an average return of 17.3% and a 60.5% success rate. Volkmann covers the Industrial Goods sector, focusing on stocks such as Lennox International, Johnson Controls, and Parker Hannifin. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deere with a $419.93 average price target, implying a 30.2% upside from current levels.
https://www.tipranks.com/news/blurbs/jefferies-thinks-deeres-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Deere (NYSE:DE)
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