Citi Sticks to Its Hold Rating for Deere (DE)
In a report released on June 20, Kyle Menges from Citi maintained a Hold rating on Deere (DE – Research Report), with a price target of $525.00. The company’s shares closed yesterday at $514.08.
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Menges covers the Industrials sector, focusing on stocks such as Deere, CNH Industrial, and Cummins. According to TipRanks, Menges has an average return of 4.8% and a 60.00% success rate on recommended stocks.
Deere has an analyst consensus of Moderate Buy, with a price target consensus of $554.13, a 7.79% upside from current levels. In a report released on June 18, Bernstein also reiterated a Hold rating on the stock with a $548.00 price target.
DE market cap is currently $141.2B and has a P/E ratio of 25.22.
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