BofA cuts Deere stock price target on large ag weakness

Investing_ng | 22-05-2026 11:06pm |

Bank of America has revised its stock price target for Deere & Company, citing significant weaknesses in the agricultural sector. The adjustment reflects concerns over declining demand and challenging market conditions affecting large agricultural equipment manufacturers. This decision underscores the ongoing challenges within the agriculture industry that may impact Deere's financial performance moving forward.

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