Form 8-K DEERE & CO For: May 31

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Go back to Form 8-K DEERE & CO For: May 31

Oppenheimer Reiterates Outperform Rating on Deere (DE)

June 5, 2024 11:51 AM EDT

Oppenheimer analyst Noah Kaye reiterated an Outperform rating and $465.00 price target on Deere (NYSE: DE)

The analyst comments "In a Form 8-K this morning, DE addressed reports of announced salary workforce layoffs, while confirming FY24 guidance. Media reports of the layoffs... More

Deere & Co. (DE) Reiterates Guidance Despite Job Cuts

June 5, 2024 6:07 AM EDT

The guidance provided by Deere & Co. (NYSE: DE) on its earnings call held on May 16, 2024 is unchanged. The workforce reduction described in Item 8.01 hereof is not expected to impact such guidance.

On May 31, 2024, the Company announced to its employees a plan to reduce... More