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Deere (DE) Receives a Buy from Goldman Sachs
Goldman Sachs analyst maintained a Buy rating on Deere on March 24. The company’s shares closed yesterday at $583.02.
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In addition to Goldman Sachs, Deere also received a Buy from TipRanks – Google’s Google Agricultural – Machinery in a report issued on March 24. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on Deere (NYSE: DE).
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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