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Deere hit new all-time highs

Published: October 16th, 2020 - 5.41pm EDT

Deere & Company ($DE) has been persistently hitting new highs in the last 10 sessions. Deere & Company ($DE) shares just changed today a 0.76% closing at $240.06 and marking the new all-time highs at $243.40.

On Tuesday, Deutsche Bank Aktiengesellschaft marked up the price target from $217.00 to $227.00 with a neutral rating. The opinions issued by financial analysts are not a buy or sell advice for small traders, so it is not appropriate to follow them blindly.

Downtrend breakout

Deere & Company, together with its subsidiaries, manufactures and distributes various equipment worldwide. The company operates through three segments: Agriculture and Turf, Construction and Forestry, and Financial Services.. The stock is part of the Farm & Heavy Construction Machinery industry in the Industrials sector. The firm's Headquarters are in Moline, United States, and has 73,489 employees worldwide. Find further information about the company at its corporate site at http://www.deere.com.

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