This article analyzes whether Deere (DE) stock, which has surged 29% year-to-date, is still fairly valued. Using Discounted Cash Flow (DCF) and Price-to-Earnings (P/E) models, Simply Wall St suggests Deere appears modestly undervalued. The article also presents “Narratives” with bull and bear cases for Deere’s valuation, ranging from US$527 to US$645 per share.
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Has Deere (DE) Run Too Far After 29% Year To Date Surge?
This article analyzes whether Deere (DE) stock, which has surged 29% year-to-date, is still fairly valued. Using Discounted Cash Flow (DCF) and Price-to-Earnings (P/E) models, Simply Wall St suggests Deere appears modestly undervalued. The article also presents “Narratives” with bull and bear cases for Deere’s valuation, ranging from US$527 to US$645 per share.