Pointing to the impact of COVID-19 on farm machinery sales, Mircea (Mig) Dobre, an analyst with RW Baird, said in a note to investors that he was downgrading Deere & Co. to neutral but maintaining his target price ($150).
In his April 12 note, Dobre said, “A rapidly changing environment points to pressure on Deere’s earnings that could be greater than in prior downturns given the broad based nature of end-market deterioration which we fear…
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.
