Citi Maintains 'Buy' on Deere (DE), Increases Price Target and Earnings Estimates
More News related to DE
- Macquarie Initiates Coverage on Deere & Co (DE) with a Neutral
- Trading Outlook for Mueller Water Products Inc. Issued by InvestorSoup.com
- Don't Miss Out! The Registration Period for the 2010 IR Global Rankings Ends TOMORROW!
- Time Is Running Out to Have Your IR Program Independently Evaluated!
- Deere (DE) to Recall 452 Workers to Ottumwa Works Plant; 78 to Remain Laid-Off
More News related to Analyst Comments
- Google (GOOG) To Implement First Ever Share Buyback - Broadpoint.AmTech
- Broadpoint.Amtech analyst thinks that Google (GOOG) can implement a stock buyback plan to counter dilution
- Clearwire (CLWR) Needs to Raise Up To $3B -BofA
- Merriman Curhan Ford Reiterates a 'Buy' on Regeneron (REGN); Raising Target Range
- Credit Suisse Hikes Target on Vale (VALE) to $34; Sees 91% Jump in Profits Next Year
Citi maintains Buy rating on Deere (NYSE: DE), raises price target from $90 to $92.
Citi analyst says, "After spending the holiday Monday at another local farm show (this one on the Iowa/Illinois border) plus other recent field checks (conversations with our contacts that ship components to Deere plants, attending local farm shows, etc.), we are raising our already above consensus EPS ests for full yr 2008 ($5.18 raised to $5.31), 2009 ($6.22 to $6.30) & 2010 ($7.21 to $7.33)."
Deere & Company engages in the manufacture and distribution of products and services for agriculture and forestry worldwide. It operates in four segments: Agricultural Equipment, Commercial and Consumer Equipment, Construction and Forestry, and Credit.
Related Categories
Analyst CommentsStocks Mentioned
-0.34Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
