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J.P. Morgan's Matthew Lofting maintains a Buy rating on Shell (UK) with a £32.00 price target. Lofting, a 2-star analyst, has a 0.2% average return and a 55.45% success rate. Shell also received a Buy rating from James Petrolyn, while UBS downgraded it to Hold. The report highlights analyst opinions and ratings in the energy sector.
J.P. Morgan analysts express caution on European oil companies due to full valuations and oversupply concerns. They downgrade Eni to "underweight" and move TotalEnergies to "neutral," preferring Shell and Repsol for their resilience and diesel hedge. The analysis highlights the impact of a weaker USD and potential Ukraine-Russia peace deal on energy demand and stock selectivity.
Deere & Company (NYSE:DE) has received a consensus "Moderate Buy" recommendation from 26 research firms. Analysts have set an average 12-month price target of $518.95. Recent analyst actions include Oppenheimer raising its target price to $531 and Wall Street Zen downgrading to "sell." CEO John C. May II sold shares, reducing his ownership by 8.99%. Institutional investors own 68.58% of the stock. Deere's stock opened at $482.60, with a market cap of $130.46 billion. The company reported quarterly earnings of $3.93 per share, slightly below estimates.
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