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Deere's Resilience Shines Through Tariffs, Analysts Raise Price Forecasts
DEJohn Deere(DE) Benzinga·2025-05-17 02:06

Several analysts raised the price forecast for Deere & Company DE following the second-quarter results reported on Thursday.The company reported net sales and revenue fell 16% year-over-year to 12.76billion,toppingtheconsensus estimateof12.76 billion, topping the consensus estimate of 10.79 billion.The company expects FY25 net income to be between 4.75 billionand4.75 billion and 5.5 billion (prior 5billionand5 billion and 5.5 billion).Raymond James analyst Tim Thein raised the price forecast from 530to530 to 560 while keeping an Outperform rating.Also Read: Green Light Fo ...