Ag Stocks: "Deere: Not Yet?" (DE)

The stock is down a-buck-and-change, $100.49 last. They don't always fill the gaps but there sure is a lot of air under this one:

FinViz

From Barron's Stocks to Watch:

Shares of Deere (DE) surged last week after the farm-equipment manufacturer reported better-than-expected fourth quarter earnings on Nov. 23, but JPMorgan’s Ann Duignan and Thomas Simonitsch still aren’t ready to change their Underweight rating. They explain why:

Last week, DE (UW) posted an upside FQ4’16 report and introduced FY’17 guidance above consensus; the stock is up 11% since the report vs. S&P 500 flat. We wanted to circle back with management before publishing our model update as we had a number of outstanding questions around the guidance. Management introduced its FY’17 outlook for net income of $1.4B (implied ~$4.42 EPS vs. prior consensus $3.84) on equipment sales down 1%...

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Previously:
Ag Equities: "Enough Fawning Over Deere" (DE)