Deere (NYSE:DE), AGCO (Nasdaq:AGCO) Look Strong on Ag Secular Growth Trends

Filed in agco, barclays, deere, Gold Bullion prices, Gold Prices, o by on January 10, 2011 0 Comments

Citing a continuous solid secular growth trend in agriculture, Barclays (NYSE:BCS) sees Deere (NYSE:DE) and AGCO (Nasdaq:AGCO) doing well in 2011 as machinery spend accelerates.Barclays said, “On Friday, we attended AgConnect in Atlanta, GA and came away with increased conviction around the outlook for North American ag equipment spend, which we think could be up MSD in FY11, possibly better.

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Deere (NYSE:DE), AGCO (NYSE:AGCO), CNH (NYSE:CNH) Up on Bullish Farm Equipment Outlook

Filed in agco, CNH Global, deere, earnings, Gold Prices, o, price-target, revenue, ubs, upgrade by on November 19, 2010 0 Comments

With the price of crops pushing revenue and earnings up for farmers, farm equipment producers like Deere & Company (NYSE:DE), AGCO (NYSE:AGCO) and CNH Global NV (NYSE:CNH) are in favor with analysts, and UBS (NYSE:UBS) raised their ratings and/or price target on the companies. This is centered around the probably assumption farmers will add newer equipment over the next year because of more cash

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