UBS analyst Steven Fisher reiterates a Purchase ranking and $535 worth goal on Deere (DE) shares following This fall outcomes and an outlook that had been “directionally according to our expectations and set up 2026 because the ag backside.” Though the preliminary FY26 earnings steering midpoint is barely decrease than the agency had modeled, UBS thinks the miss primarily displays a weak Q1 in North America and it has extra confidence in 2026 because the earnings backside and within the 2027 restoration following the report, the analyst tells traders.
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