UPDATE: Piper Jaffray Downgrades Deere on Expected Headwinds

In a report published Monday, Piper Jaffray analyst Michael E. Cox downgraded Deere (NYSE: DE ) from Overweight to Neutral, and lowered the price target from $102.00 to $89.00. In the report, Piper Jaffray noted, “We are downgrading DE shares to Neutral from Overweight and lowering our FY14 estimates as we believe