---
title: "Deere Earns Buy Rating as Strong Results, Technology Tailwinds and Multi‑Year Recovery Outlook Drive Price Target Hike to $760"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296710525.md"
description: "D.A. Davidson analyst Michael Shlisky upgraded Deere (DE) to a Buy rating, raising the price target to $760. The decision is driven by strong quarterly earnings exceeding expectations, raised full-year guidance, and a multi-year recovery outlook with 2026 as the earnings trough. Key factors include robust agricultural margins, positive early-order trends, and growing revenue from high-margin technology solutions. Wells Fargo also maintained a Buy rating with a $750 target."
datetime: "2026-08-23T21:55:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296710525.md)
  - [en](https://longbridge.com/en/news/296710525.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296710525.md)
generator: "portal-rs"
---

# Deere Earns Buy Rating as Strong Results, Technology Tailwinds and Multi‑Year Recovery Outlook Drive Price Target Hike to $760

D.A. Davidson analyst Michael Shlisky has maintained their bullish stance on DE stock, giving a Buy rating on August 21.

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Michael Shlisky has given his Buy rating due to a combination of factors related to Deere’s improving fundamentals and outlook. Deere’s latest quarterly earnings surpassed expectations, particularly in agricultural margins, and management raised full-year guidance while reaffirming that 2026 should mark the earnings trough, suggesting a favorable multi‑year recovery path.

He also highlights strengthening demand signals, including positive early-order trends for next year and potential tailwinds from global crop dynamics and rising tractor volumes. In addition, rapid adoption of high-margin technology solutions and related subscriptions is creating a growing, profitable revenue stream, and Shlisky raised his price target to $760 to reflect this improving earnings power and long‑term growth potential.

According to TipRanks, Shlisky is a 4-star analyst with an average return of 6.2% and a 48.91% success rate. Shlisky covers the Industrials sector, focusing on stocks such as Wabash National, Deere, and Blue Bird.

In another report released on August 21, Wells Fargo also maintained a Buy rating on the stock with a $750.00 price target.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**