Deere's Resilience Shines Through Tariffs, Analysts Raise Price Forecasts
1. DE's revenue fell 16% YoY to $12.76 billion but exceeded estimates. 2. Analysts raised DE's price forecasts, reflecting stronger Q2 results. 3. Expected FY25 net income range updated to $4.75B-$5.5B. 4. PP&A segment's tariff impact is considered minimal despite concerns. 5. DE shares rose by 3.19%, indicating positive market reaction.