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JPMorgan on Deere (DE): 'margin was up ~40bps to 10.5% in F2Q, due to less favorable financing spreads and a higher provision for credit losses'
June 4, 2025 11:39 AM EDTJPMorgan analyst Ann Duignan reiterated a Neutral rating and $530.00 price target on Deere (NYSE: DE).
The analyst comments "We are updating our analysis of DEs Financial Services (FS) business following recent 10-Q filings. Overall, portfolio performance was mixed in F2Q25. DE FS revenue declined 5% YoY (flattish... More
