Oppenheimer’s analysts, one of Wall Street’s most respected firms, improved John Deere’s rating, which is listed locally as yielding.
A team of analysts from Oppenheimerone of the most respected Wall Street firms, explained Why trust Deere & Company’s actions (John Deere)the manufacturer of agricultural machinery that is negotiated in Argentina as Yields.
Punctually, the specialists detailed in a published research note for their clients who maintained their qualification of “higher market performance” for the actions of John Deere and They increased their target price of US $ 560 au $ s566which would imply a 14% growth from the current price.
Wall Street remains optimistic
The update occurred after a 6.8% drop in the actions of John Deere, originated by its quarterly report. From Oppenheimer they considered that, despite the recoil, The company offers investors an attractive entry opportunitybacked by encouraging signals in the markets of Europe and Latin America.
While the results of the period were described as “anticipated and better than expected”, criticisms were concentrated in some weak points: A faster quarterly closure, unforeseen price pressure in the segment of large agriculture and increased tariff costs.
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Facing 2026, Oppenheimer projects moderate growth based on the improvement of crops in North America, the greatest clarity in biofuel policies and good performance of the used machinery market. Under that scenario, The firm maintains its forecasts in the Superior Strip of the Consensus of Analysts.
Robotics drives actions and yields from John Deere
However, Wall Street executives consider that, in recent years, the company took a decisive step towards the Technological innovation with the development of autonomous teams promoted by artificial intelligence. Among its most prominent projects is the SEE & Spray Robots line, designed to optimize the use of herbicides and fertilizers through precision applications.
For this reason, it is believed that the shares and, therefore, the John Deere yields could increase in price. It is worth remembering that the CEDENARS represent “portions” of actions from abroad, but are operated in pesos in the local bag.
In addition, being linked to the price of the CCL dollar, They offer coverage in the event that the exchange rate jumps. And in the case of John Deere, also his CEDEARS allow to charge a periodic income in dollars that is automatically deposited in the investor account.
Source: Ambito
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