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5 Crucial Takeaways From Deere & Company's Earnings

TheMotleyFool 
0 0 28.08.17
5 Crucial Takeaways From Deere & Company's Earnings
 
5 Crucial Takeaways From Deere & Company's Earnings

The strong run-up in the stock price of Deere & Company (NYSE: DE) was rudely interrupted by the negative reaction to the recent third-quarter earnings report. Why did the market react like this when the company raised full-year net income guidance from $2 billion to $2.075 billion? To try answering this question, let's look at the five key takeaways from the earnings presentations.

DE Chart

DE data by YCharts

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Source: Fool.com

Deere Co. Stock

€351.90
3.650%
A very strong showing by Deere Co. today, with an increase of €12.45 (3.650%) compared to yesterday's price.
The stock is an absolute favorite of our community with 21 Buy predictions and no Sell predictions.
As a result the target price of 414 € shows a slightly positive potential of 17.65% compared to the current price of 351.9 € for Deere Co..
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