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Stock Market & Financial Investment News

News Breaks
April 30, 2014
05:33 EDTAGCOAGCO downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded AGCO to Neutral citing low visibility following the company's weaker than expected Q2 results. Piper lowered its price target for shares to $62 from $67.
News For AGCO From The Last 14 Days
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August 22, 2014
12:43 EDTAGCODeere, AGCO fall after analyst cuts ratings to sell
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12:40 EDTAGCODeere layoffs consistent with thesis, says Wells Fargo
After Deere (DE) announced that it would lay off 60 employees at its Waterloo, Iowa, manufacturing facility, Wells Fargo says the layoffs are consistent with the firm's view that the farm equipment cycle is in decline. The firm thinks that farm equipment manufacturers' earnings power are poised to decline ,and it keeps Underperform ratings on Deere and AGCO (AGCO).
10:01 EDTAGCOOn The Fly: Analyst Downgrade Summary
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08:17 EDTAGCOAGCO downgraded to Underperform from Neutral at Macquarie
Macquarie downgraded AGCO to Underperform based on weakening demand and excess inventory that will pressure revenues. Price target lowered to $44 from $50.
August 13, 2014
08:50 EDTAGCODeere guidance reduction negative for shares, says Wells Fargo
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August 12, 2014
14:21 EDTAGCOWASDE bearish for farm equipment manufacturers, says Wells Fargo
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