Form 8-K AGCO CORP /DE For: May 02

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Go back to Form 8-K AGCO CORP /DE For: May 02

AGCO Corporation (AGCO) PT Lowered to $105 at CFRA

May 3, 2024 8:03 AM EDT

CFRA analyst Kenneth Leon lowered the price target on AGCO Corporation (NYSE: AGCO) to $105.00 (from $110.00) while maintaining a Sell rating.

The analyst comments "We trim our 12-month price target to $105 from $110, valuing shares at 8.8x our 2025 EPS outlook of $11.96 (cut from $12.54; 2024 EPS estimate... More