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Enter Symbol:
 
Deere & Company (DE) [hlAlert]

Rating:
Underperform
DE
up 65.80 %

Deere & Company (DE) downgraded to Underperform by Wells Fargo

Posted on: Wednesday,  Mar 20, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Underperform Deere & Company (NYSE: DE) on 03/20/2013. Previously Wells Fargo rated Outperform Deere & Company (NYSE: DE) on
11/30/2009., when the stock price was $53.51. Since then, Deere & Company has gained 65.80% as of 03/20/2013's recent price of $88.72.
If you would have followed the previous Wells Fargo's recommendation on DE, you would have gained 65.8% of your investment in 1206 days.

Deere & Company is the one world's foremost producers of agricultural equipment as well as a leading manufacturer of construction, forestry, and commercial and consumer equipment. The company, in addition, provides credit, special technology, and managed health-care products and services. (Company Press Release)

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2013 8:25 AM Sell
None
88.72
as of 12/13/2013
1 Week down  -2.18 %
1 Month down  -5.23 %
3 Months down  -5.68 %
1 YTD up  4.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/30/2009 8:25 AM Buy
None
53.51

(*) Stock Price at the time of the recommendation.
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