Deere & Company (NYSE: DE) Faces Challenges Ahead of Earnings Report

The consensus price target for Deere & Company (NYSE: DE) has declined over the past year, with a recent average price target of $543.Analyst Mircea Dobre from Robert W. Baird sets a cautious price target of $487 for Deere, reflecting concerns over cost pressures and slipping earnings estimates.Deere's upcoming fourth-quarter earnings report is highly anticipated, as it will provide insights into how the company is managing current challenges compared to its competitor, Caterpillar.Deere & Company (NYSE: DE ...