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Deere (DE) Gets a Hold from J.P. Morgan

Tipranks - Tipranks - Thu Mar 5, 5:58AM CST

In a report released today, Tami Zakaria from J.P. Morgan maintained a Hold rating on Deere, with a price target of $525.00.

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According to TipRanks, Zakaria is a 5-star analyst with an average return of 14.1% and a 67.38% success rate. Zakaria covers the Industrials sector, focusing on stocks such as Oshkosh, Paccar, and ESAB Corporation.

In addition to J.P. Morgan, Deere also received a Hold from TipRanks – Anthropic’s Anthropic Agricultural – Machinery in a report issued on February 28. However, on the same day, TipRanks – Google reiterated a Buy rating on Deere (NYSE: DE).

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Based on Deere’s latest earnings release for the quarter ending February 1, the company reported a quarterly revenue of $9.61 billion and a net profit of $656 million. In comparison, last year the company earned a revenue of $8.26 billion and had a net profit of $869 million

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