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UPDATE: J.P. Morgan Downgrades Deere as U.S. Crop Fundamentals May Have Passed Peak
Monday, June 24, 2013 - 8:25am | 195In a report published on Monday, J.P. Morgan analyst Ann Duignan downgraded Deere (NYSE: DE) from Neutral to Underweight and lowered the price target on the company from $91 to $76. In the report, J.P. Morgan stated, "We believe that farm cash receipts and incomes have passed peak on the back...
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JP Morgan's Conference Call Takeaways with Navistar Int'l (NAV)
Thursday, June 10, 2010 - 9:55am | 185Register for the LA Trader's Expo for Free Here! Navistar International (NYSE: NAV) posted a better than expected FQ2 EPS. Navistar is a manufacturer of trucks and diesel engines. NAV is rated Neutral by JP Morgan. Its price target is $52.00, up $4 from the previous target of $48.00. NAV is...
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MTW To See Improving End-Market Demand
Thursday, April 29, 2010 - 3:26pm | 220Analyst Ann Duignan of JP Morgan upgrades Manitowoc Co (NYSE: MTW) from "underweight" to "neutral," while raising her estimates for the company. The target price for MTW has been raised from $10 to $15. According to JP Morgan, Manitowoc’s backlog/bill ratio may decline going forward as revenues are...