Is Deere Stock Overvalued At $440?

FONTENAY-LE-PESNEL, FRANCE - OCTOBER 11: A tractor John Deere 6250R pulls the AEROSEM POTTINGER ... [+] pneumatic seed drill through a field near Fontenay-le-Pesnel, Calvados, France, on October 11, 2024. (Photo by Artur Widak/NurPhoto via Getty Images)NurPhoto via Getty ImagesThe stock price of Deere (NYSE: DE) surged 8% on November 21, after the company reported upbeat fiscal Q4 results (fiscal ends in October). It reported equipment revenue of $9.3 billion and earnings of $4.55 per share, compared to the ...