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Deere (NYSE:DE) Stock, Quote.Headers.trade-ideas

Deere

Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.

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Investors are anticipating the first cut to the federal funds rate in over four years at the September FOMC meeting. The market is divided on the magnitude of the cut, which could trigger significant reactions. Goldman Sachs data reveals the top S&amp;P 500 stocks to watch during Fed easing cycles.

20 S&amp;P 500 Stocks That Move The Most When The Fed Starts Cutting Interest Rates

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Deere &amp; Co. (NYSE:DE) to pay $9.93 million to settle SEC bribery probe, dragging stock down. Analysts optimistic about long-term growth.

John Deere Hits A Bump: Stock Slips Amid $9.93M Bribery Settlement

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As murky as the outlook for farming and construction equipment is, Deere &amp; Company&#39;s (NYSE: DE) operational quality and capital return have its stock price on track to hit a fresh high soon.

Deere &amp; Company Can Set New Highs This Year

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Shares of broader industrial and machinery stocks are trading higher following the Fed's announcement to cut rates by 50 basis points yesterday, which could support investment and economic growth.

Investors are on edge in the lead-up to the Wednesday Federal Open Market Committee interest rate decision that is expected to deliver the first cut to the federal funds rate <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40921827/fed-decision-is-here-5-things-investors-need-to-know-ahead-of-wednesdays-pivotal-in">in over four years.</a>
The market is divided on the magnitude of the anticipated rate cut. Traders are assigning a 59% probability to a 50-basis-point cut, while a 41% chance is placed on a more modest 25-basis-point reduction. The size of the rate cut is crucial as it could trigger significant market reactions.
Should the Fed opt for a 50-basis-point cut, it may be perceived as an acknowledgment that interest rates are overly restrictive. This could lead to increased expectations for further rate cuts in the coming months, potentially fueling risk sentiment and driving stock prices higher.
Conversely, a 25-basis-point cut might disappoint investors who are betting on a more aggressive measure.
Since the start of 2022, the S&amp;P 500, tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), has experienced an average move of plus or minus 1.3% during FOMC events, reflecting the market&#8217;s high sensitivity to Fed policy decisions.
Goldman Sachs equity analysts, including John Marshall, analyzed stock movements during the first rate cuts in the previous three Fed easing cycles (Sept. 18, 2007, July 31, 2019 and March 3, 2020).
The data highlights the average moves of several key S&amp;P 500 stocks with liquid options during these periods.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Rank</th>
<th>Name</th>
<th>Absolute Average Move</th>
</tr>
</thead>
<tbody>
<tr>
<td>1</td>
<td>Caesars Entertainment Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>)</td>
<td>5.9%</td>
</tr>
<tr>
<td>2</td>
<td>Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>5.5%</td>
</tr>
<tr>
<td>3</td>
<td>Capital One Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>)</td>
<td>4.6%</td>
</tr>
<tr>
<td>4</td>
<td>Charles Schwab Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>)</td>
<td>4.6%</td>
</tr>
<tr>
<td>5</td>
<td>Mastercard Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>)</td>
<td>4.5%</td>
</tr>
<tr>
<td>6</td>
<td>Fortinet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>)</td>
<td>4.3%</td>
</tr>
<tr>
<td>7</td>
<td>Marriott International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>)</td>
<td>4.2%</td>
</tr>
<tr>
<td>8</td>
<td>American Express Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>)</td>
<td>3.8%</td>
</tr>
<tr>
<td>9</td>
<td>Newmont Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td>
<td>3.7%</td>
</tr>
<tr>
<td>10</td>
<td>Deere &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>)</td>
<td>3.6%</td>
</tr>
<tr>
<td>11</td>
<td>BlackRock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>)</td>
<td>3.6%</td>
</tr>
<tr>
<td>12</td>
<td>Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>)</td>
<td>3.5%</td>
</tr>
<tr>
<td>13</td>
<td>3M Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>)</td>
<td>3.3%</td>
</tr>
<tr>
<td>14</td>
<td>Bank of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>)</td>
<td>3.2%</td>
</tr>
<tr>
<td>15</td>
<td>JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)</td>
<td>3.2%</td>
</tr>
<tr>
<td>16</td>
<td>Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>)</td>
<td>3.0%</td>
</tr>
<tr>
<td>17</td>
<td>Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>)</td>
<td>3.0%</td>
</tr>
<tr>
<td>18</td>
<td>Starbucks Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>)</td>
<td>2.9%</td>
</tr>
<tr>
<td>19</td>
<td>Visa Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>)</td>
<td>2.7%</td>
</tr>
<tr>
<td>20</td>
<td>Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)</td>
<td>2.3%</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40908202/10-etfs-investors-secretly-bought-before-the-feds-make-or-break-interest-rate-cal">10 ETFs Investors Secretly Bought Before The Fed&#8217;s Make-Or-Break Interest Rate Call</a></li>
</ul>
Federal Reserve illustration created using artificial intelligence via MidJourney.

20 S&P 500 Stocks That Move The Most When The Fed Starts Cutting Interest Rates

Deep-pocketed investors have adopted a bearish approach towards Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DE usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Deere. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 25% leaning bullish and 50% bearish. Among these notable options, 6 are puts, totaling $359,392, and 2 are calls, amounting to $52,350.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $350.0 to $410.0 for Deere over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Deere's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Deere's substantial trades, within a strike price spectrum from $350.0 to $410.0 over the preceding 30 days.
<h3>Deere Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726671848_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$38.2</td>
<td>$35.9</td>
<td>$36.85</td>
<td>$390.00</td>
<td>$110.5K</td>
<td style="text-align: right;">98</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$24.9</td>
<td>$24.1</td>
<td>$24.9</td>
<td>$410.00</td>
<td>$52.1K</td>
<td style="text-align: right;">87</td>
<td style="text-align: right;">43</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$24.45</td>
<td>$23.35</td>
<td>$24.22</td>
<td>$410.00</td>
<td>$51.2K</td>
<td style="text-align: right;">87</td>
<td style="text-align: right;">22</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/01/24</td>
<td>$18.95</td>
<td>$18.1</td>
<td>$18.62</td>
<td>$410.00</td>
<td>$50.2K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">82</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$18.55</td>
<td>$17.2</td>
<td>$18.09</td>
<td>$410.00</td>
<td>$48.8K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">27</td>
</tr>
</tbody>
</table>

<h3>About Deere</h3>
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
In light of the recent options history for Deere, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Deere Standing Right Now?</h3>
<ul>
<li>With a volume of 121,171, the price of DE is down 0.0% at $397.87. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 63 days.</li>
</ul>
<h3>Expert Opinions on Deere</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $425.0.
<ul>
<li>An analyst from Morgan Stanley has decided to maintain their Overweight rating on Deere, which currently sits at a price target of $425. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Deere options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Behind the Scenes of Deere's Latest Options Trends

Financial giants have made a conspicuous bullish move on Deere. Our analysis of options history for Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) revealed 8 unusual trades.
Delving into the details, we found 37% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $790,985, and 3 were calls, valued at $161,944.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $300.0 to $420.0 for Deere over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Deere stands at 241.6, with a total volume reaching 903.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Deere, situated within the strike price corridor from $300.0 to $420.0, throughout the last 30 days.
<h3>Deere 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726247317_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/18/26</td>
<td>$19.85</td>
<td>$16.6</td>
<td>$18.2</td>
<td>$300.00</td>
<td>$364.0K</td>
<td style="text-align: right;">265</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$12.45</td>
<td>$11.95</td>
<td>$11.95</td>
<td>$300.00</td>
<td>$212.7K</td>
<td style="text-align: right;">308</td>
<td style="text-align: right;">250</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$6.45</td>
<td>$4.5</td>
<td>$6.45</td>
<td>$300.00</td>
<td>$93.5K</td>
<td style="text-align: right;">308</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>DE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/18/26</td>
<td>$48.35</td>
<td>$43.75</td>
<td>$43.75</td>
<td>$420.00</td>
<td>$87.9K</td>
<td style="text-align: right;">13</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$12.4</td>
<td>$11.95</td>
<td>$11.95</td>
<td>$300.00</td>
<td>$83.6K</td>
<td style="text-align: right;">308</td>
<td style="text-align: right;">71</td>
</tr>
</tbody>
</table>

<h3>About Deere</h3>
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
After a thorough review of the options trading surrounding Deere, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Deere's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 374,320, the DE's price is up by 1.38%, now at $392.33. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 68 days.</li>
</ul>
<h3>What Analysts Are Saying About Deere</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $410.2.
<ul>
<li>An analyst from Evercore ISI Group persists with their In-Line rating on Deere, maintaining a target price of $378. </li>
<li>Consistent in their evaluation, an analyst from B of A Securities keeps a Neutral rating on Deere with a target price of $410. </li>
<li>An analyst from Citigroup persists with their Neutral rating on Deere, maintaining a target price of $395. </li>
<li>Reflecting concerns, an analyst from Truist Securities lowers its rating to Buy with a new price target of $443.</li>
<li>An analyst from Morgan Stanley has decided to maintain their Overweight rating on Deere, which currently sits at a price target of $425. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Deere with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Smart Money Is Betting Big In Deere Options

Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) has outperformed the market over the past 5 years by 5.59% on an annualized basis producing an average annual return of 18.6%. Currently, Deere has a market capitalization of $106.04 billion. 
Buying $100 In DE: If an investor had bought $100 of DE stock 5 years ago, it would be worth $233.81 today based on a price of $384.82 for DE at the time of writing.
<h3>Deere's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726156832_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Deere Stock In The Last 5 Years

Deere &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), doing business as, John Deere, might be famous <a href="https://www.benzinga.com/quote/DE/news">for its green tractors</a>, but it's seeing red as news broke of a $9.93 million settlement with the SEC.
The charge? Violations of the Foreign Corrupt Practices Act through improper payments made by its subsidiary, Wirtgen Thailand, to foreign officials, including those from Thailand's Royal Air Force, reported Reuters.
The stock has been dragging too, down 4.49% YTD and 4.37% over the last year. But despite the legal drama, Deere's fundamentals may have what it takes to power through.
<h2 class="wp-block-heading">A Rocky Road To Growth</h2>
Sure, the bribery probe leaves a mark, but analysts are optimistic about Deere's long-term outlook. <a href="https://www.nasdaq.com/articles/deere-company-can-set-new-highs-this-year">The third quarter</a> wasn't pretty—a 16.8% sales drop—but it wasn't the disaster everyone feared either. Deere's earnings are still strong enough to keep investors hooked, with a pledge to keep <a href="https://www.benzinga.com/quote/DE/dividends">those dividends rolling</a> and a share buyback program still in play.
Read Also: <a href="https://www.zacks.com/stock/news/2322530/deere-de-reports-q3-earnings-what-key-metrics-have-to-say?cid=CS-BENZ-FT-fundamental_analysis&#x7C;nfm-2322530">Deere Reports Q3 Earnings: What Key Metrics Have to Say</a>
That said, Deere's key segments—Production &amp; Precision Ag, Small Ag &amp; Turf, and Construction &amp; Forestry—all posted double-digit declines, raising questions about future growth. 
However, cost-cutting measures are expected to help mitigate some of the damage, and investors are holding out for a rebound in 2025 when the Federal Reserve is expected to cut rates.
<h2 class="wp-block-heading">The Technicals Are Green, But Is Deere Overbought?</h2>
Technically, John Deere stock shows a bullish trend. It's trading above its 20, 50, and 200-day moving averages, signaling more upside potential.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="632" height="463" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10103921/Screenshot-2024-09-10-at-8.08.55-PM.png" alt="" class="wp-image-540129" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10103921/Screenshot-2024-09-10-at-8.08.55-PM.png 632w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10103921/Screenshot-2024-09-10-at-8.08.55-PM-300x220.png 300w" sizes="(max-width: 632px) 100vw, 632px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091024&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
At a price of $387.08, it's flashing all sorts of bullish signals. Though with the stock trading below the eight-day moving average, the short-term may see some strain.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="632" height="463" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10104029/Screenshot-2024-09-10-at-8.07.56-PM.png" alt="" class="wp-image-540139" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10104029/Screenshot-2024-09-10-at-8.07.56-PM.png 632w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/10104029/Screenshot-2024-09-10-at-8.07.56-PM-300x220.png 300w" sizes="(max-width: 632px) 100vw, 632px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091024&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
The MACD (Moving Average Convergence/Divergence) stands at 5.20, and with an RSI (Relative Strength Index) of 55.24, it's in neutral territory—showing upward movement but not approaching overbought levels yet.
Bollinger Bands suggest there's room to climb.
With an <a href="https://www.benzinga.com/quote/DE/analyst-ratings">average analyst price target</a> of $426.33, there's an implied 8.62% upside for John Deere stock. But investors should keep an eye on market sentiment, as a mix of technical indicators and the bribery settlement could make for a bumpy ride in the near term.
Read Also: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40794070/exclusive-lazard-small-cap-expert-predicts-30-50-russell-2000-rally-on-the-back-of-" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Lazard Small-Cap Expert Predicts 30-50% Russell 2000 Rally On The Back Of Lower Interest Rates</a></li>
</ul>
Photo: Shutterstock

Investors with a lot of money to spend have taken a bearish stance on Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DE, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 8 uncommon options trades for Deere.
This isn't normal.
The overall sentiment of these big-money traders is split between 25% bullish and 62%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $312,130, and 2 are calls, for a total amount of $101,550.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $380.0 to $460.0 for Deere over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Deere stands at 269.0, with a total volume reaching 396.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Deere, situated within the strike price corridor from $380.0 to $460.0, throughout the last 30 days.
<h3>Deere Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724862655_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/30/24</td>
<td>$10.05</td>
<td>$8.05</td>
<td>$10.0</td>
<td>$385.00</td>
<td>$118.0K</td>
<td style="text-align: right;">218</td>
<td style="text-align: right;">118</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$32.85</td>
<td>$32.5</td>
<td>$32.5</td>
<td>$390.00</td>
<td>$65.0K</td>
<td style="text-align: right;">42</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>DE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$50.5</td>
<td>$49.65</td>
<td>$49.65</td>
<td>$380.00</td>
<td>$59.6K</td>
<td style="text-align: right;">244</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>DE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$20.7</td>
<td>$19.95</td>
<td>$19.95</td>
<td>$460.00</td>
<td>$41.9K</td>
<td style="text-align: right;">673</td>
<td style="text-align: right;">24</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/30/24</td>
<td>$7.5</td>
<td>$5.75</td>
<td>$7.0</td>
<td>$385.00</td>
<td>$40.6K</td>
<td style="text-align: right;">218</td>
<td style="text-align: right;">177</td>
</tr>
</tbody>
</table>

<h3>About Deere</h3>
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
In light of the recent options history for Deere, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Deere</h3>
<ul>
<li>With a volume of 437,046, the price of DE is up 0.59% at $378.18. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 84 days.</li>
</ul>
<h3>Professional Analyst Ratings for Deere</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $403.4.
<ul>
<li>An analyst from Truist Securities downgraded its action to Buy with a price target of $443. </li>
<li>In a cautious move, an analyst from BMO Capital downgraded its rating to Market Perform, setting a price target of $400. </li>
<li>An analyst from JP Morgan persists with their Neutral rating on Deere, maintaining a target price of $360. </li>
<li>Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Deere, targeting a price of $425. </li>
<li>An analyst from Deutsche Bank has decided to maintain their Hold rating on Deere, which currently sits at a price target of $389. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Deere, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Looking At Deere's Recent Unusual Options Activity

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LUV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$30.00</td>
<td>$30.0K</td>
<td>41.1K</td>
<td>6.6K</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$28.2K</td>
<td>6.7K</td>
<td>292</td>
</tr>
<tr>
<td>SPXC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$165.00</td>
<td>$40.0K</td>
<td>0</td>
<td>100</td>
</tr>
<tr>
<td>GE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$170.00</td>
<td>$28.1K</td>
<td>2.0K</td>
<td>96</td>
</tr>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$145.00</td>
<td>$31.9K</td>
<td>210</td>
<td>63</td>
</tr>
<tr>
<td>UBER</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$90.00</td>
<td>$89.0K</td>
<td>596</td>
<td>50</td>
</tr>
<tr>
<td>MSM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$85.00</td>
<td>$33.6K</td>
<td>93</td>
<td>45</td>
</tr>
<tr>
<td>DE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$380.00</td>
<td>$25.3K</td>
<td>59</td>
<td>28</td>
</tr>
<tr>
<td>EMR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$90.00</td>
<td>$45.2K</td>
<td>157</td>
<td>20</td>
</tr>
<tr>
<td>NOC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$210.00</td>
<td>$30.4K</td>
<td>3</td>
<td>1</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding LUV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>), we observe a call option trade with bullish sentiment. It expires in 24 day(s) on September 20, 2024. Parties traded 500 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $60.0 per contract. There were 41193 open contracts at this strike prior to today, and today 6619 contract(s) were bought and sold. 
• Regarding BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we observe a call option trade with bullish sentiment. It expires in 143 day(s) on January 17, 2025. Parties traded 50 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $565.0 per contract. There were 6739 open contracts at this strike prior to today, and today 292 contract(s) were bought and sold. 
• For SPXC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPXC#NYSE">SPXC</a>), we notice a call option trade that happens to be bearish, expiring in 52 day(s) on October 18, 2024. This event was a transfer of 100 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $400.0 per contract. There were 0 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• For GE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), we notice a put option sweep that happens to be bearish, expiring in 24 day(s) on September 20, 2024. This event was a transfer of 73 contract(s) at a $170.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $385.0 per contract. There were 2081 open contracts at this strike prior to today, and today 96 contract(s) were bought and sold. 
• For MMM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), we notice a call option trade that happens to be neutral, expiring in 297 day(s) on June 20, 2025. This event was a transfer of 40 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $31.9K, with a price of $798.0 per contract. There were 210 open contracts at this strike prior to today, and today 63 contract(s) were bought and sold. 
• Regarding UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we observe a put option trade with bearish sentiment. It expires in 143 day(s) on January 17, 2025. Parties traded 50 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $89.0K, with a price of $1780.0 per contract. There were 596 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold. 
• Regarding MSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>), we observe a call option sweep with bearish sentiment. It expires in 206 day(s) on March 21, 2025. Parties traded 66 contract(s) at a $85.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $510.0 per contract. There were 93 open contracts at this strike prior to today, and today 45 contract(s) were bought and sold. 
• For DE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), we notice a call option sweep that happens to be bullish, expiring in 297 day(s) on June 20, 2025. This event was a transfer of 7 contract(s) at a $380.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.3K, with a price of $3629.0 per contract. There were 59 open contracts at this strike prior to today, and today 28 contract(s) were bought and sold. 
• Regarding EMR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>), we observe a call option trade with bullish sentiment. It expires in 507 day(s) on January 16, 2026. Parties traded 20 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $45.2K, with a price of $2260.0 per contract. There were 157 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
• For NOC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>), we notice a call option trade that happens to be bearish, expiring in 507 day(s) on January 16, 2026. This event was a transfer of 1 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $30.4K, with a price of $30490.0 per contract. There were 3 open contracts at this strike prior to today, and today 1 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

SPXC

UBER

10 Industrials Stocks Whale Activity In Today's Session

Across the recent three months, 13 analysts have shared their insights on Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), expressing a variety of opinions spanning from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $405.92, along with a high estimate of $448.00 and a low estimate of $360.00. Observing a downward trend, the current average is 1.4% lower than the prior average price target of $411.70. 
<img src="https://www.benzinga.com/files/images/story/2024/1724691622_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of Deere among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$425.00</td>
<td>$450.00</td>
</tr>
<tr>
<td>David Raso</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$378.00</td>
<td>$371.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$443.00</td>
<td>$439.00</td>
</tr>
<tr>
<td>Kyle Menges</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$395.00</td>
<td>$370.00</td>
</tr>
<tr>
<td>Ross Gilardi</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$410.00</td>
<td>$400.00</td>
</tr>
<tr>
<td>Tami Zakaria</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$360.00</td>
<td>$375.00</td>
</tr>
<tr>
<td>Joel Jackson</td>
<td>BMO Capital</td>
<td>Announces</td>
<td>Market Perform</td>
<td>$400.00</td>
<td>-</td>
</tr>
<tr>
<td>Nicole Deblase</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$389.00</td>
<td>$402.00</td>
</tr>
<tr>
<td>Kristen Owen</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$448.00</td>
<td>$465.00</td>
</tr>
<tr>
<td>Tami Zakaria</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$375.00</td>
<td>$385.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$439.00</td>
<td>$460.00</td>
</tr>
<tr>
<td>Tim Thein</td>
<td>Raymond James</td>
<td>Announces</td>
<td>Outperform</td>
<td>$420.00</td>
<td>-</td>
</tr>
<tr>
<td>Kyle Menges</td>
<td>Citigroup</td>
<td>Announces</td>
<td>Neutral</td>
<td>$395.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Deere. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Deere compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Deere's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of Deere's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/DE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Deere analyst ratings.</a>
<h2>Get to Know Deere Better</h2>
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
<h3>Financial Milestones: Deere's Journey</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Decline in Revenue: Over the 3 months period, Deere faced challenges, resulting in a decline of approximately -14.33% in revenue growth as of 31 July, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Deere's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 13.5%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Deere's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.58% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Deere's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.62%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.86, caution is advised due to increased financial risk.
<h2>How Are Analyst Ratings Determined?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Landscape: 13 Takes On Deere

Morgan Stanley analyst Angel Castillo maintains Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) with a Overweight and lowers the price target from $450 to $425.

Morgan Stanley Maintains Overweight on Deere, Lowers Price Target to $425

Deep-pocketed investors have adopted a bullish approach towards Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DE usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Deere. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 25% bearish. Among these notable options, 8 are puts, totaling $636,961, and 4 are calls, amounting to $193,830.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $300.0 to $380.0 for Deere over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Deere's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Deere's significant trades, within a strike price range of $300.0 to $380.0, over the past month.
<h3>Deere Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724428870_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/18/26</td>
<td>$20.05</td>
<td>$20.0</td>
<td>$20.0</td>
<td>$300.00</td>
<td>$200.0K</td>
<td style="text-align: right;">28</td>
<td style="text-align: right;">255</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$7.3</td>
<td>$7.1</td>
<td>$7.3</td>
<td>$300.00</td>
<td>$109.5K</td>
<td style="text-align: right;">156</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$22.6</td>
<td>$20.95</td>
<td>$21.8</td>
<td>$370.00</td>
<td>$100.3K</td>
<td style="text-align: right;">86</td>
<td style="text-align: right;">46</td>
</tr>
<tr>
<td>DE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/23/24</td>
<td>$76.9</td>
<td>$75.5</td>
<td>$76.9</td>
<td>$300.00</td>
<td>$84.5K</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$19.55</td>
<td>$17.25</td>
<td>$17.25</td>
<td>$300.00</td>
<td>$79.3K</td>
<td style="text-align: right;">309</td>
<td style="text-align: right;">50</td>
</tr>
</tbody>
</table>

<h3>About Deere</h3>
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
Following our analysis of the options activities associated with Deere, we pivot to a closer look at the company's own performance.
<h3>Current Position of Deere</h3>
<ul>
<li>Currently trading with a volume of 416,731, the DE's price is up by 1.26%, now at $381.32. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 89 days.</li>
</ul>
<h3>Professional Analyst Ratings for Deere</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $388.6.
<ul>
<li>An analyst from JP Morgan has decided to maintain their Neutral rating on Deere, which currently sits at a price target of $360. </li>
<li>Maintaining their stance, an analyst from B of A Securities continues to hold a Neutral rating for Deere, targeting a price of $410. </li>
<li>An analyst from Evercore ISI Group persists with their In-Line rating on Deere, maintaining a target price of $378. </li>
<li>Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Deere, targeting a price of $395. </li>
<li>Reflecting concerns, an analyst from BMO Capital lowers its rating to Market Perform with a new price target of $400.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Deere, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

A Closer Look at Deere's Options Market Dynamics

Financial giants have made a conspicuous bearish move on Deere. Our analysis of options history for Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) revealed 12 unusual trades.
Delving into the details, we found 41% of traders were bullish, while 58% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $493,894, and 4 were calls, valued at $134,456.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $350.0 to $420.0 for Deere over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Deere's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Deere's whale activity within a strike price range from $350.0 to $420.0 in the last 30 days. 
<h3>Deere Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724184098_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$29.1</td>
<td>$28.45</td>
<td>$28.45</td>
<td>$370.00</td>
<td>$142.2K</td>
<td style="text-align: right;">222</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$29.8</td>
<td>$28.5</td>
<td>$28.5</td>
<td>$370.00</td>
<td>$85.5K</td>
<td style="text-align: right;">222</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$35.7</td>
<td>$34.3</td>
<td>$34.3</td>
<td>$390.00</td>
<td>$72.0K</td>
<td style="text-align: right;">22</td>
<td style="text-align: right;">21</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$31.15</td>
<td>$28.0</td>
<td>$28.0</td>
<td>$370.00</td>
<td>$56.0K</td>
<td style="text-align: right;">222</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>DE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/23/24</td>
<td>$4.4</td>
<td>$4.1</td>
<td>$4.19</td>
<td>$372.50</td>
<td>$41.9K</td>
<td style="text-align: right;">109</td>
<td style="text-align: right;">19</td>
</tr>
</tbody>
</table>

<h3>About Deere</h3>
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
In light of the recent options history for Deere, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Deere</h3>
<ul>
<li>Currently trading with a volume of 644,315, the DE's price is up by 0.03%, now at $373.03. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 92 days.</li>
</ul>
<h3>What Analysts Are Saying About Deere</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $412.8.
<ul>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a In-Line rating for Deere, targeting a price of $378. </li>
<li>Consistent in their evaluation, an analyst from Citigroup keeps a Neutral rating on Deere with a target price of $395. </li>
<li>An analyst from Truist Securities has revised its rating downward to Buy, adjusting the price target to $443. </li>
<li>An analyst from Oppenheimer persists with their Outperform rating on Deere, maintaining a target price of $448. </li>
<li>In a cautious move, an analyst from BMO Capital downgraded its rating to Market Perform, setting a price target of $400. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Deere options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Decoding Deere's Options Activity: What's the Big Picture?

As murky as the outlook for farming and construction equipment is, Deere &amp; Company&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/de#NYSE">DE</a>) operational quality and capital return have its stock price on track to hit a fresh high soon. The critical details from the Q3 release include top and bottom-line strengths, favorable guidance despite challenging conditions, robust capital return, and a pledge to continue working on costs.&nbsp;
The takeaway is that Deere &amp; Company&#39;s business contraction is severe but not as bad as expected, and the company is healthy enough to withstand whatever may come while paying its dividend and buying back shares. The odds are high that headwinds will diminish over the next two to three quarters, allowing the company to return to top-line growth in calendar 2025 because the FOMC is expected to cut rates soon.
<h2>Deere &amp; Company Results Not As Bad As Feared&nbsp;</h2>
Deere &amp; Company had a decent quarter regarding expectations, but the bar was set low, and the 16.8% decline could have been better. However, the results are 2000 basis points better than the consensus estimate, and relative strength was seen through to the bottom line, allowing the market to advance. Segmentally, Production &amp; Precision Agriculture was weakest with a 25% decline, followed by an 18% contraction in Small Ag &amp; Turf and a 13% contraction in Construction &amp; Forestry.&nbsp;
Margin is another mixed bag of news, contracting significantly compared to last year as business deleverages but not as bad as feared. Operating expenses fell by 11.5%, lagging the topline contraction by over 500 basis points, to drive a 40% contraction in net earnings. The good news is that the $1.734 billion in net earnings is sufficient to sustain balance sheet health and capital returns, although there is a risk that the pace of share repurchases and distribution increases will slow.&nbsp;
Guidance is also mixed. The company reiterated its guidance for the year despite the Q3 outperformance, forecasting accelerated declines in all segments. The silver lining is that the cost structure may improve due to aggressive labor force and production reductions enacted to align the business with demand.&nbsp;
<h2>Deere &amp; Company Capital Return is Safe</h2>
Deere &amp; Company&#39;s capital return was robust in Q3 and YTD periods. The company&#39;s YTD total buybacks topped $3.337 billion to reduce the share count by over 5.5% on average for the quarter. Repurchase activity has slowed from the prior year but is still expected to continue reducing the count over the next four quarters. The dividend is also safe at less than 25% of the earnings. However, the company&#39;s distribution CAGR is slowing from the mid-teens to the high-single-digits and can be expected to slow again this year in an effort to preserve balance sheet strength.&nbsp;
Deere &amp; Company&#39;s balance sheet highlights are favorable to investors. The company&#39;s cash balance is down compared to last year but offset by increased assets. Liabilities are also up but less than assets, increasing the equity by nearly 6% and leaving leverage at healthy levels. The company&#39;s total liabilities run at less than 0.8% of assets, with debt at 5.2x cash and 1.85x equity.&nbsp;
<h2>Analysts Lift Targets for Deere &amp; Company After Better-Than-Feared Quarter</h2>
Analysts are responding well to the news, lifting their price targets for the stock. The few revisions tracked by MarketBeat have the stock trading in a range of $410 to $445, which brackets the consensus with consensus at the low end of the range. Consensus implies about 13% upside and a fresh, nearly 12-month high, but there are technical limits to how high this industrial stock can go.&nbsp;
Significant resistance at the $390 and $415 levels will likely induce volatility, if not cap gains, without an additional catalyst. The risk for the market is that economic data will remain stable, inflation will continue cooling slowly, and the FOMC will not cut rates as quickly as hoped. This will leave Deere&#39;s end markets with headwinds, keeping it on track for another year of revenue and earnings contraction, as forecasted by analysts. The next FOMC meeting is in less than four weeks.&nbsp;
<img alt="Deere &amp; Company DE stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240816081231_chart-de-8162024.png" style="height:451px; width:917px" />
The article &quot;<a href="https://www.nasdaq.com/articles/deere-company-can-set-new-highs-this-year">Deere &amp; Company Can Set New Highs This Year&nbsp;</a>&quot; first appeared on MarketBeat.

Deere & Company Can Set New Highs This Year

Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) has outperformed the market over the past 5 years by 6.16% on an annualized basis producing an average annual return of 20.51%. Currently, Deere has a market capitalization of $102.98 billion. 
Buying $100 In DE: If an investor had bought $100 of DE stock 5 years ago, it would be worth $240.52 today based on a price of $373.69 for DE at the time of writing.
<h3>Deere's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724086816_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 5 Years Ago, You Would Have $200 Today

Evercore ISI Group analyst David Raso maintains Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) with a In-Line and raises the price target from $371 to $378.

Evercore ISI Group Maintains In-Line on Deere, Raises Price Target to $378

Investors with a lot of money to spend have taken a bullish stance on Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DE, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Deere.
This isn't normal.
The overall sentiment of these big-money traders is split between 44% bullish and 44%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $103,620, and 6 are calls, for a total amount of $317,560.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $300.0 and $450.0 for Deere, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Deere stands at 463.12, with a total volume reaching 346.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Deere, situated within the strike price corridor from $300.0 to $450.0, throughout the last 30 days.
<h3>Deere Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723835800_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$68.65</td>
<td>$66.3</td>
<td>$68.25</td>
<td>$330.00</td>
<td>$136.5K</td>
<td>32</td>
<td style="text-align: right;">25</td>
</tr>
<tr>
<td>DE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$5.85</td>
<td>$5.6</td>
<td>$5.6</td>
<td>$370.00</td>
<td>$56.0K</td>
<td>1.7K</td>
<td style="text-align: right;">144</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$19.45</td>
<td>$19.4</td>
<td>$19.4</td>
<td>$370.00</td>
<td>$38.8K</td>
<td>609</td>
<td style="text-align: right;">92</td>
</tr>
<tr>
<td>DE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$37.0</td>
<td>$35.0</td>
<td>$36.68</td>
<td>$360.00</td>
<td>$36.6K</td>
<td>278</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$20.05</td>
<td>$13.0</td>
<td>$17.81</td>
<td>$390.00</td>
<td>$35.6K</td>
<td>281</td>
<td style="text-align: right;">30</td>
</tr>
</tbody>
</table>

<h3>About Deere</h3>
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
After a thorough review of the options trading surrounding Deere, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Deere Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 1,239,183, with DE's price up by 1.07%, positioned at $377.25.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 96 days.</li>
</ul>
<h3>Expert Opinions on Deere</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $409.2.
<ul>
<li>An analyst from BMO Capital downgraded its action to Market Perform with a price target of $400. </li>
<li>An analyst from Truist Securities has revised its rating downward to Buy, adjusting the price target to $443. </li>
<li>Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Deere, targeting a price of $395. </li>
<li>An analyst from Oppenheimer has decided to maintain their Outperform rating on Deere, which currently sits at a price target of $448. </li>
<li>An analyst from JP Morgan persists with their Neutral rating on Deere, maintaining a target price of $360. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Deere options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Market Whales and Their Recent Bets on Deere Options

Truist Securities analyst Jamie Cook reiterates Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) with a Buy and raises the price target from $439 to $443.

Reiteration

Truist Securities Reiterates Buy on Deere, Raises Price Target to $443

Deere &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) reported better-than-expected third-quarter results and reaffirmed its net income <a href="https://www.benzinga.com/news/earnings/24/08/40393005/deere-q3-earnings-profit-beats-expectations-despite-sales-drop-reaffirms-annual-net-income-outlook">2024 outlook on Thursday.</a>
The company's net sales and revenue declined 17% year-over-year to $13.152 billion, beating the consensus of $10.944 billion. Deere clocked an EPS of $6.29, down from $10.20 YoY, beating the consensus of $5.85.
During the quarter, the company initiated involuntary employee-separation programs across several regions, aiming to streamline operations. The programs incurred $124 million in pretax expenses, with an estimated total of $150 million.
Deere reaffirmed its 2024 net income outlook of $7.00 billion. Deere expects 2024 Production &amp; Precision Ag net sales to decline by ~20% -25% and price realization of +2%; Small Ag &amp; Turf net sales to fall by 20%- 25% and price realization of +2%; and Construction &amp; Forestry net sales to decrease by 10%- 15% and price realization of +0.5%. The company expects Financial services net income of $720 million for the fiscal.
Deere shares gained 6.3% to close at $373.26 on Thursday.
These analysts made changes to their price targets on Deere following earnings announcement.
<ul>
<li><a href="https://www.benzinga.com/topic/ross-gilardi">B of A Securities analyst Ross Gilardi</a> maintained Deere with a Neutral and raised the price target from $400 to $410.</li>
<li>Citigroup analyst Kyle Menges maintained Deere with a Neutral and raised the price target from $370 to $395.</li>
</ul>
Considering buying DE stock? Here&#8217;s what analysts think:
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These Analysts Boost Their Forecasts On Deere Following Upbeat Earnings

Citigroup analyst Kyle Menges maintains Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) with a Neutral and raises the price target from $370 to $395.

Citigroup Maintains Neutral on Deere, Raises Price Target to $395

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li>Piper Sandler raised the price target for Globant S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLOB#NYSE">GLOB</a>) from $238 to $240. Piper Sandler analyst Arvind Ramnani reiterated an Overweight rating. Globant shares gained 1.7% to close at $194.37 on Thursday. <a href="https://www.benzinga.com/quote/GLOB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Daiwa Capital increased the price target for Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) from $120 to $154. Daiwa Capital analyst Narumi Nakagiri upgraded the stock from Neutral to Buy. Illumina shares gained 5.3% to close at $128.80 on Thursday.<a href="https://www.benzinga.com/quote/ILMN/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Piper Sandler boosted Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) price target from $90 to $100. Piper Sandler analyst Harsh Kumar upgraded the stock from Neutral to Overweight. Microchip shares rose 4.1% to close at $81.30 on Thursday. <a href="https://www.benzinga.com/quote/MCHP/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut the price target for The Charles Schwab Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) from $71 to $70. Morgan Stanley analyst Michael Cyprys maintained an Equal-Weight rating. Charles Schwab shares fell 0.2% to close at $65.23 on Thursday. <a href="https://www.benzinga.com/quote/CHW/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Telsey Advisory Group boosted Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) price target from $75 to $82. Telsey Advisory Group analyst Joe Feldman maintained an Outperform rating. Walmart shares gained 6.6% to close at $73.18 on Thursday. <a href="https://www.benzinga.com/quote/WMT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird increased Amcor plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMCR#NYSE">AMCR</a>) price target from $10 to $11. Baird analyst Ghansham Panjabi maintained a Neutral rating. Amcor shares gained 1.8% to close at $10.85 on Thursday. <a href="https://www.benzinga.com/quote/AMCR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird increased the price target for Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) from $85 to $88. Baird analyst Colin Sebastian maintained an Outperform rating. Alibaba shares rose 0.1% to close at $79.54 on Thursday. <a href="https://www.benzinga.com/quote/BABA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities raised Deere &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) price target from $400 to $410. B of A Securities analyst Ross Gilardi maintained a Neutral rating. Deere shares gained 6.3% to close at $373.26 on Thursday.<a href="https://www.benzinga.com/quote/DE/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Wells Fargo boosted Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) price target from $29 to $46. Wells Fargo analyst Steven Cahall upgraded the stock from Underweight to Overweight. Fox shares fell 0.2% to close at $38.99 on Thursday.<a href="https://www.benzinga.com/quote/FOXA/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Benchmark cut JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) price target from $55 to $47. Benchmark analyst Fawne Jiang maintained a Buy rating. JD.com shares gained 4.3% to close at $27.00 on Thursday. <a href="https://www.benzinga.com/quote/JD/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying BABA stock? Here&#8217;s what analysts think:
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="569" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/16074215/image-1-46-1024x569.png" alt="" class="wp-image-498708" style="width:570px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/16074215/image-1-46-1024x569.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/16074215/image-1-46-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/16074215/image-1-46-768x427.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/16074215/image-1-46.png 1235w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

Pre-Market Outlook

AMCR

BABA

FOXA

GLOB

ILMN

MCHP

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Robert W. Baird analyst Mircea Dobre has maintained their bullish stance on DE stock, giving a Buy rating on August 26. Mircea Dobre's rating is ba...

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Deere (DE) Forecast

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