Deere Analysts Increase Their Forecasts After Better-Than-Expected Results
1. Deere's quarterly net sales fell 16% year-over-year to $12.76 billion. 2. EPS was $6.64, beating estimates but lower than last year's $8.23. 3. Company expects 2025 net income of $4.75 to $5.50 billion. 4. Analysts mostly raised price targets; notable Buy rating from Truist. 5. Shares gained 3.3%, reflecting positive market reaction to earnings.