Deere & Company (NYSE:DE) stock Reported Profit Margin of 13.10 percent in Last Year: Is Defensible?

Cowen raised the price target for the Deere & Company (NYSE:DE) stock to ‘a Market perform’. The rating was released on June 09, 2023, according to finviz. We previously noted in another research note published on April 25, 2023 by BofA Securities that downgraded the stock from a Buy to a Neutral with a price target of $450 for DE stock. The research report from JP Morgan has upgraded the stock from Underweight to Neutral, with a price target set at $440. The stock was initiated by Wells Fargo, who disclosed in a research note on March 11, 2023, to Overweight and set the price objective to $455.