AllAnalyst Report
logoArgusFebruary 23, 2021

Deere & Company: Raising target to $380

Symbols
DE
Sector(s)
Industrials
Rating
Current Price
$393.80
Price Target
Earnings Estimate
Summary

Deere & Co. now operates in four segments: Production & Precision Ag, which develops and delivers global equipment and technology solutions for production-scale growers; Small Ag & Turf, which develops and delivers products to support mid-size and small growers and producers globally as well as turf customers; Construction & Forestry, which manufactures and distributes a broad range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, and landscape loaders; and Financial Services, which primarily finances sales and leases by Deere dealers of agriculture, turf, and construction and forestry equipment. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Co. was founded in 1837 and is headquartered in Moline, Illinois. The shares are a component of the S&P 500. The company has approximately 69,600 employees. The shares are a component of the S&P 500

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level

Analyst Profile

John Eade

President & Director of Portfolio Strategies
John is chairman and CEO of Argus Research Group and president of Argus Research Company. Over the years, his responsibilities at Argus have included chairing the Investment Policy Committee as then director of research; helping form the firm's overall investment strategy; writing a weekly investment column; and authoring the flagship Portfolio Selector report. He has also provided coverage of the Healthcare, Financial and Consumer sectors. John has been with Argus since 1989. He has an MBA in Finance from New York University's Stern School of Business and a Bachelor's degree in Journalism from Northwestern University's Medill School of Journalism. He has been interviewed and quoted extensively in The New York Times, Forbes, Time, Fortune and Money magazines, and has been a frequent guest on CNBC, CNN, CBS News, ABC News and the Bloomberg Radio and Television networks. John is a founder and board member of the Investorside Research Association, an industry trade organization. He is also a member of the New York Society of Security Analysts and the CFA Institute.