Deere aims for bigger profit as price hikes power earnings beat

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Deere (DE) PT Raised to $432 at Oppenheimer

February 22, 2022 8:26 AM EST

Oppenheimer analyst Noah Kaye raised the price target on Deere (NYSE: DE) to $432.00 (from $425.00) while maintaining an Outperform rating following results.

The analyst commented, "DE's F1Q results reflected strong execution against the dynamic labor and supply chain backdrop. Fundamentals remain largely unchanged, with... More