Record Year of Giving Back Leads to 3x Honor
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Needham Starts NeoVolta (NEOV) at Buy
Deere (DE) PT Raised to $402 at Deutsche Bank
May 16, 2024 1:43 PM EDTDeutsche Bank analyst Nicole DeBlase raised the price target on Deere (NYSE: DE) to $402.00 (from $401.00) while maintaining a Hold rating.
The analyst comments "Despite a sizeable MSD 2Q24 core segment income beat vs. consensus/DBe, DE cut its FY24 net income guidance by 8%... More
Deere & Co. (DE) stock falls on guidance cut despite earnings beat
May 16, 2024 6:26 AM EDTDeere & Co. (NYSE: DE) reported a notable second-quarter earnings beat on Thursday, but shares fell, currently down over 3%, as the company cut its full-year net income forecast, signaling caution amid softening global agricultural demand and stable construction markets.
The world's leading tractor manufacturer posted adjusted earnings per share (EPS) of $8.53 for the quarter, surpassing analysts' expectations of $7.87. Revenue also exceeded forecasts, coming in at $15.24 billion against the consensus estimate of $13.3 billion. Despite the strong performance, the company's revised full-year net income forecast to approximately $7.0 billion, down from the previous range of $7.5-7.75 billion,... More
