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Is Deere Stock Overvalued At $440?
DEJohn Deere(DE) Forbes·2024-11-22 13:36

FONTENAY-LE-PESNEL, FRANCE - OCTOBER 11: A tractor John Deere 6250R pulls the AEROSEM POTTINGER ... [+] pneumatic seed drill through a field near Fontenay-le-Pesnel, Calvados, France, on October 11, 2024. (Photo by Artur Widak/NurPhoto via Getty Images)NurPhoto via Getty ImagesThe stock price of Deere (NYSE: DE) surged 8% on November 21, after the company reported upbeat fiscal Q4 results (fiscal ends in October). It reported equipment revenue of 9.3billionandearningsof9.3 billion and earnings of 4.55 per share, compared to the ...