Deere (DE) Falls on Sales Miss, JPMorgan Sees 'Aggressive' Guidance and Downside Risk
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BMO Capital Stays Sidelined on Deere (DE)
May 20, 2022 10:02 AM EDTBMO Capital analyst Joel Tiss reiterated a Market Perform rating and $425.00 price target on Deere (NYSE: DE).
The analyst comments "Deere reported fiscal 2Q22 EPS of $6.81, or closer to about $5.75 adjusted, vs. $6.69 consensus. Equipment adjusted operating margins were down 155 bps y/y to 17.9% but missed... More
Morgan Stanley Says Deere (DE) Margin Challenges Likely Isolated to Q2, Stays Overweight
May 20, 2022 9:22 AM EDTMorgan Stanley analyst Courtney Yakavonis reiterated an Overweight rating and $485.00 price target on Deere (NYSE: DE).
The analyst comments "With more challenged margin performance in the Ag segments complementing a net income guidance increase that was driven by non-core items, we... More
