In a report released today, Matt Elkott from Cowen & Co. maintained a Hold rating on Deere (DE – Research Report), with a price target of $396.00. The company's shares closed last Tuesday at $330.18, close to its 52-week low of $307.64. According to TipRanks.com, Elkott is a 5-star analyst with an average return of 13.5% and a 52.1% success rate. Elkott covers the Industrial Goods sector, focusing on stocks such as Freightcar America, Trinity Industries, and Caterpillar. Currently, the analyst consensus on Deere is a Moderate Buy with an average price target of $419.93, representing a 26.9% upside.
https://www.tipranks.com/news/blurbs/deere-de-receives-a-hold-from-cowen-co?utm_source=advfn.com&utm_medium=referral
Deere (NYSE:DE)
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