Deere (DE) PT Raised to $135 at Deutsche Bank on 2Q Result; 'Upside to 2H17e Consensus, Continuing the Positive Momentum'

Deutsche Bank raised its price target on Deere (NYSE: DE) to $135.00 (from $122.00) while maintaining a Hold rating, following the company's second quarter earnings report.

Analyst Nicole Deblase notes the company delivered strong second quarter core operating figures above consensus expectations driven by strong margins, as management produced better than expected revenue growth.

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