Cowen & Co. analyst Matt Elkott initiated coverage with a Hold rating on Deere (DE – Research Report) today and set a price target of $396.00. The company's shares closed last Wednesday at $355.02. According to TipRanks.com, Elkott is a 5-star analyst with an average return of 16.2% and a 62.7% success rate. Elkott covers the Industrial Goods sector, focusing on stocks such as Freightcar America, Caterpillar, and Greenbrier. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deere with a $421.93 average price target, implying a 16.9% upside from current levels.
https://www.tipranks.com/news/blurbs/cowen-co-initiates-a-hold-rating-on-deere-de?utm_source=advfn.com&utm_medium=referral
Deere (NYSE:DE)
Historical Stock Chart
From Jul 2022 to Aug 2022 Click Here for more Deere Charts.
Deere (NYSE:DE)
Historical Stock Chart
From Aug 2021 to Aug 2022 Click Here for more Deere Charts.