<div id="readability-page-1"><p><span>Deere &amp; Company (NYSE:DE - Get Free Report)</span> had its target price decreased by analysts at JPMorgan Chase &amp; Co.  from $480.00 to $460.00 in a note issued to investors on Friday,MarketScreener reports. The brokerage presently has a &#34;neutral&#34; rating on the industrial products company's stock. JPMorgan Chase &amp; Co.'s price objective points to a potential downside of 3.03% from the stock's previous close.</p><div><p><span></span><span>Get <strong>Deere &amp; Company</strong> alerts:</span></p></div><ul><li>Dell and HP Are Raising Prices—And Investors Should Take Note</li></ul><p>Several other equities research analysts have also recently weighed in on the company. Keefe, Bruyette &amp; Woods  restated an &#34;outperform&#34; rating on shares of Deere &amp; Company in a report on Monday, December 1st. UBS Group  reissued a &#34;buy&#34; rating on shares of Deere &amp; Company in a research report on Tuesday, November 25th. Wells Fargo &amp; Company assumed coverage on Deere &amp; Company in a research note on Thursday, November 13th. They set an &#34;overweight&#34; rating and a $543.00 price objective for the company. Jefferies Financial Group raised their price target on shares of Deere &amp; Company from $440.00 to $475.00 and gave the company a &#34;hold&#34; rating in a research report on Tuesday, December 9th. Finally, Citigroup reduced their price target on shares of Deere &amp; Company from $525.00 to $515.00 and set a &#34;neutral&#34; rating for the company in a research note on Tuesday, October 7th. One research analyst  has rated the stock with a Strong Buy rating, fifteen have assigned  a Buy rating and ten have issued  a Hold rating to the stock. Based on data from MarketBeat, Deere &amp; Company  has an average rating of &#34;Moderate Buy&#34; and an average price target of $522.70.</p><p><b>Get Our Latest Analysis on Deere &amp; Company</b></p><h2>Deere &amp; Company Stock Down 0.1%</h2><ul><li>2026 Comeback Picks: 3 S&amp;P Laggards Poised to Break Out</li></ul><p>Shares of NYSE DE opened at $474.35 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.22 and a debt-to-equity ratio of 1.68. The company's fifty day simple moving average is $470.90 and its 200 day simple moving average is $487.03. The firm has a market cap of $128.23 billion, a PE ratio of 25.69, a P/E/G ratio of 1.81 and a beta of 1.00. Deere &amp; Company has a 12-month low of $403.01 and a 12-month high of $533.78. </p><p>Deere &amp; Company (NYSE:DE - Get Free Report) last issued its quarterly earnings results on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share for the quarter, missing analysts' consensus estimates of $3.96 by ($0.03). Deere &amp; Company had a return on equity of 20.54% and a net margin of 11.00%.The company had revenue of $12.39 billion during the quarter, compared to analysts' expectations of $9.77 billion. During the same period last year, the firm posted $4.55 earnings per share. Deere &amp; Company's quarterly revenue was up 14.1% compared to the same quarter last year.  As a group, sell-side analysts forecast that  Deere &amp; Company will post 19.32 earnings per share for the current fiscal year. </p><h2>Insider Transactions at Deere &amp; Company</h2><ul><li>Dell Just Hit a Record in AI Orders—But the Real Test Starts Now</li></ul><p>In related news, CEO John C. May II sold 11,106 shares of the company's stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $500.08, for a total transaction of $5,553,888.48. Following the sale, the chief executive officer owned 112,453 shares of the company's stock, valued at $56,235,496.24. This represents a 8.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this link. 0.29% of the stock is currently owned by insiders. </p><h2>Hedge Funds Weigh In On Deere &amp; Company</h2><p>A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in  Deere &amp; Company by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 22,372,671 shares of the industrial products company's stock worth $11,376,279,000 after purchasing an additional 309,081 shares during the period.  State Street Corp grew its position in  Deere &amp; Company by 0.6% during the 2nd quarter. State Street Corp now owns 10,386,268 shares of the industrial products company's stock worth $5,297,913,000 after purchasing an additional 64,262 shares during the last quarter.  Capital World Investors raised its stake in shares of  Deere &amp; Company by 5.5% in the third quarter. Capital World Investors now owns 6,233,740 shares of the industrial products company's stock worth $2,850,687,000 after purchasing an additional 322,582 shares during the last quarter.  Geode Capital Management LLC boosted its stake in shares of  Deere &amp; Company by 2.1% in the second quarter. Geode Capital Management LLC now owns 5,541,778 shares of the industrial products company's stock worth $2,810,807,000 after buying an additional 111,627 shares during the last quarter.  Finally, Norges Bank purchased a new position in shares of  Deere &amp; Company in the 2nd quarter valued at about $1,578,243,000. Hedge funds and other institutional investors own  68.58% of the company's stock. </p><h2>Deere &amp; Company Company Profile</h2> (Get Free Report)<p>Deere &amp; Co engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Deere &amp; Company</li><li>The 3 Best Retail Stocks to Shop for in August</li><li>Rocket Lab's Sharp Rebound: What's Behind the Recent Momentum</li><li>What is the Euro STOXX 50 Index?</li><li>Jabil Is Flying Under the Radar—But a 50% Surge May Be Coming</li><li>What Are Growth Stocks and Investing in Them </li><li>Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURF?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURF"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Deere &amp; Company Right Now?</h2><p>Before you consider Deere &amp; Company, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deere &amp; Company wasn't on the list.</p><p>While Deere &amp; Company currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>JPMorgan Chase & Co. lowered Deere & Company's price target from $480 to $460, maintaining a "neutral" rating. Other analysts have varied ratings, with an average price target of $522.70. Deere's stock opened at $474.35, with a market cap of $128.23 billion. Recent earnings missed estimates slightly, but revenue increased by 14.1% year-over-year. Insider transactions and hedge fund activities are also noted.</p>

Deere & Company (NYSE:DE) Given New $460.00 Price Target at JPMorgan Chase & Co.