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Citigroup Cuts Deere & Company (NYSE:DE) Price Target to $625.00
Citigroup has reduced its price target for Deere & Company (NYSE:DE) to $625.00 from $675.00, still suggesting a potential upside of 7.63%. Despite analyst ratings indicating a “Moderate Buy” consensus, the stock traded down to $580.71 following its latest earnings beat, amid significant insider sales and substantial institutional ownership. Other analysts have also adjusted their ratings and price targets for Deere & Company recently.