Deere Analysts Increase Their Forecasts After Strong Q2 Results
Deere & Co (NYSE:DE) beat earnings estimates with $5.10 per share, raised full-year outlook for net income to $4.75-5 billion and expects bottom of ag equipment cycle in 2026. Share price up 0.5%. Analysts revised price targets to $640 and $685.
Deere made more money than people expected and says it will do better this year. When experts think a company will do well, that's a clue to watch if the company keeps its promises.
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