Deere (DE) PT Raised to $135 at Deutsche Bank on 2Q Result; 'Upside to 2H17e Consensus, Continuing the Positive Momentum'

Deere (DE) PT Raised to $140 at Wells Fargo on 2Q EPS Beat & Net Income Guidance Raise; 'Better Business Model Plus Cyclical Improvement'

May 22, 2017 3:23 PM EDT

Wells Fargo raised its price target on Deere (NYSE: DE) to $140.00 (from $125.00) while maintaining a Outperform rating, following the company's second quarter earnings report.

Analyst Casey notes the company delivered strong second quarter outperformance, as management produced earnings per share and sales results above... More

Deere (DE) PT Raised to $122 at UBS Following 2Q Report; 'Raising Estimates as Margins Step Up'

May 22, 2017 11:30 AM EDT

UBS raised its price target on Deere (NYSE: DE) to $122.00 (from $112.00) while maintaining a Neutral rating, following the company's second quarter earnings report.

Analyst Cleve Rueckert notes the company delivered second quarter earnings per share and revenues results above consensus projections, as management... More

Deere (DE) PT Raised to $130 at Baird Following 2Q Report

May 22, 2017 9:07 AM EDT

Baird raised its price target on Deere (NYSE: DE) to $130.00 (from $125.00) while maintaining an Outperform rating. Deere reported 2Q EPS of $2.49, above $1.63 consensus. Equipment sales increased to $7.260 billion, above the consensus estimate of $7.248 billion.

Management expects 2017 equipment sales to increase 9% (+4% previously), including 1% price... More

Deere (DE) PT Raised to $90 at Barclays

May 22, 2017 8:31 AM EDT

Barclays raised its price target on Deere (NYSE: DE) to $90.00 (from $82.00) while maintaining a Underweight rating.

... More

Deere (DE) PT Raised to $135 at Stifel Following 2Q Release

May 22, 2017 7:33 AM EDT

Stifel raised its price target on Deere (NYSE: DE) to $135.00 (from $126.00) while maintaining a Buy rating. Second quarter Equipment revenues increased 2% y/y to $7.260 billion, driven primarily by favorable price realization. Deere raised its 2017 outlook across all segments and regions, excepts Asia Ag,... More

Deere (DE) PT Raised to $135 at Stifel on 2Q Report; 'Broad-Based Improvement Across End-Markets & Regions'

May 22, 2017 7:26 AM EDT

Stifel raised its price target on Deere (NYSE: DE) to $135.00 (from $126.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Stanley Elliott notes the company delivered first quarter earnings per share above consensus, but revenues below estimates, while management... More

Deere & Co. (DE) Tops Q2 EPS by 81c, Sales Beat; Outlook Raised

May 19, 2017 6:47 AM EDT

Deere & Co. (NYSE: DE) reported Q2 EPS of $2.49, $0.81 better than the analyst estimate of $1.68. Revenue for the quarter came in at $8.29 billion versus the consensus estimate of $7.31 billion.

Improving demand for farm and construction equipment leads to higher second-quarter results.Key markets show signs of further stabilization.Sound execution, broad business lineup benefit performance.Results include gain on sale of partial interest in SiteOne affiliate.Full-year earnings forecast increased to $2... More