NYSE:DEMachinery
Assessing Deere (DE) Valuation After US$99 Million Repair Settlement And Jefferies Upgrade
Deere (DE) has moved back into focus after agreeing to a US$99 million settlement over right to repair claims, along with an upgrade from Jefferies that has shifted sentiment around the stock’s risk profile.
See our latest analysis for Deere.
Those repair headlines and analyst calls have landed against a strong run in the stock, with a 90 day share price return of 23.28% and a 1 year total shareholder return of 33.50%. This suggests momentum has been building into the US$605 share price.
If...