The Latest Breaking News from DE

Someone with a lot of money to spend has taken a bullish stance on Deere (NYSE:DE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Credit Suisse’s analyst, Jamie Cook, met with Deere & Company (NYSE: DE) Investor Relations team, including Deputy Financial Officer Josh Jepsen and Head of Investor Relations, Brent Norwood.

Deere (NYSE:DE) has outperformed the market over the past 20 years by 7.69% on an annualized basis producing an average annual return of 14.47%. Currently, Deere has a market capitalization of $102.20 billion.

Someone with a lot of money to spend has taken a bullish stance on Deere (NYSE:DE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Cowen analyst Matt Elkott initiated Deere & Co (NYSE:DE) with a Market Perform rating and a price target of $396, implying an upside of 13%. The analyst mentions that the company's precision agriculture exposure is a game-changing secular story. Related: Deere Names Ryan Campbell To Lead Construction & Forestry Team; Raj Kalathur Gets CFO Role…

Finland and Sweden joining NATO would put Russia in a difficult military position in the Baltic Sea, top US General Mark Milley said on Saturday during a visit to Stockholm ahead of a military exercise. The two Nordic neighbors, which both have long borders on the Baltic Sea, applied last…

Deere & Company (NYSE:DE) plans to move its cab production from Waterloo, Iowa plant to Mexico due to a tight labor market in the U.S., Reuters reported. The transfer of cab production to the components plant in Ramos, Mexico, is expected to be completed by 2024, impacting about 250 employees. Also Read: Deere…

Deere & Co (NYSE:DE) has elected Raj Kalathur as its Chief Financial Officer. He will retain his present duties for John Deere Financial and have continued oversight for information technology. Kalathur replaces Ryan Campbell, who has been elected by the Board to the position of President, Worldwide Construction & Forestry and Power…

Deere (NYSE:DE) has outperformed the market over the past 10 years by 4.62% on an annualized basis producing an average annual return of 15.95%. Currently, Deere has a market capitalization of $102.84 billion.

Deere & Company (NYSE:DE) reported second-quarter FY22 results on Friday; below are the reactions from the analysts. Wells Fargo analyst Seth Weber lowered the price target for Deere to $410 (an upside of 22%) from $455 while maintaining the Overweight rating on the shares. The analyst understands angst around the rebalance but doesn't…

Someone with a lot of money to spend has taken a bearish stance on Deere (NYSE:DE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.