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Deere Earnings Watch: Strong Q2 Ahead? | Business and Finance News
Description
Deere’s second-quarter earnings report drops Thursday as investors eye a potential repeat of last quarter’s surprise success—revenue up 3.5% YoY, beating forecasts and riding a sector rebound after a shaky prior year. While peers like Alamo soar on strong results, AGCO plummets with flat revenue. Deere’s stock remains steady ahead of the release, but analysts’ $646 price target hints at upside potential—if the numbers hold up, momentum could accelerate.
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