Deere stock price edged lower to $361

Deere stock price edged lower to $361.80 as traders reassessed global commodity price trends. Given Deere’s correlation to agricultural markets, volatility could persist into the next earnings cycle. Are you a shareholder? It seems like the market has already priced in DE’s positive outlook, with shares trading around industry price multiples. However, there are also other important factors which we haven’t considered today, such as the track record of its management team. Have these factors changed since the last time you looked at DE? Will you have enough confidence to invest in the company should the price drop below the industry PE ratio? To learn more about how we handle and protect your data, visit our privacy center . Deere stock price hovered at $366.40 in midday trading, up 0.5% on optimism over summer agricultural equipment demand. Technical charts show a potential breakout if resistance at $368 is cleared with higher trading volume.