UPDATE: Bank of America Downgrades Deere & Company on Reasons for Caution
November 08, 2013 at 08:47 AM EST
In a report published Friday, Bank of America analyst Ross Gilardi downgraded the rating on Deere & Company (NYSE: DE ) from Buy to Neutral, and lowered the price target from $95.00 to $89.00. In the report, Bank of America noted, “We've taken a fresh look at the farm equipment