Analysts Offer Insights on Industrial Goods Companies: Deere (DE) and Pitney Bowes (PBI)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Deere (DE – Research Report) and Pitney Bowes (PBI – Research Report).
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Deere (DE)
In a report released today, Jamie Cook from Truist Financial maintained a Buy rating on Deere. The company’s shares closed last Wednesday at $593.27.
According to TipRanks.com, Cook is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deere with a $514.25 average price target, implying a -14.8% downside from current levels. In a report issued on February 13, TipRanks – xAI also upgraded the stock to Buy with a $677.00 price target.
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Pitney Bowes (PBI)
In a report released today, Jasper Bibb from Truist Financial maintained a Hold rating on Pitney Bowes. The company’s shares closed last Wednesday at $11.12.
According to TipRanks.com, Bibb is a 4-star analyst with an average return of
Currently, the analyst consensus on Pitney Bowes is a Hold with an average price target of $11.00, implying a -2.5% downside from current levels. In a report released today, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $11.50 price target.
