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Dividend.com: Analyst Cuts Down Deere

Stock quotes in this article: DE , LXK , INFY , UNH  

Deere Ratings Cut on Weak Industry Data

Shares of Deere(DE Quote) are down nearly 3% following a JPMorgan Chase downgrade of the stock to neutral from buy.

The analyst says the cut is related to bearish data released from the USDA for agricultural machinery. Rising corn inventories and lower demand are expected to hurt already weak equipment sales. ...

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