John Deere (DE) Stock: $446 Price Target And Outperform Rating

By Amit Chowdhry ● May 3, 2022
  • The shares of John Deere (NYSE: DE) have received a $446 price target from Oppenheimer. These are the details.

The shares of John Deere (NYSE: DE) have received a $446 price target from Oppenheimer. And Oppenheimer analyst Noah Kaye increased the price target on Deere from $432 while maintaining an “Outperform” rating on the shares.

Kaye adjusted the rating ahead of the earnings scheduled for May 20. In the previous quarter, the company reported EPS of $2.92 in the quarter, which was down from $3.87 per share in the year-ago period and beat the consensus estimates of $2.26 per share. And the net sales were $8.53 billion, up 6% year-over-year, and beat the consensus of $8.2 billion.

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