Deere shares up after Q4 profit beats estimates
Updates
** Shares of farm-equipment maker Deere & Co DE.N up 1.6% at$411 premarket
** DE posts Q4EPS of $4.55 vs. est.of $3.87 - data compiled by LSEG
** Forecasts lower-than-expected 2025 profit, as sagging farm incomes and inflationary pressures affect demand for the company's tractors and other agricultural equipment
** Co now expects 2025 profit of $5 bln-$5.5 bln, below est. of $5.93 bln - LSEG
** Twelve of 24 brokerages rate the stock "buy" or higher, 11 "hold" and one "sell"; their median PT is $410
** Up to last close, stock up 1.27% YTD
Reporting by Anshuman Tripathy
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