The post DE Stock Price Prediction 2023, 2024, 2025: Will DE Hit $400? appeared on BitcoinEthereumNews.com.

Deere & Company (NYSE: DE) Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts. The company was founded by John Deere in 1837 and is headquartered in Moline, IL. Will DE Stock Reach $500 by 2024? Source: DE Stock/NYSE By TradingView DE stock has shown a falling wedge pattern and is close to the upper trendline of $390. Furthermore, the price action witnessed a rebound and is gaining momentum. DE stock retested the support zone of $345.00 and pulled back. At press time, DE stock price was trading at $382.20 with an intraday gain of 2.31%, showing neutrality on the charts. Moreover, the trading volume increased by 0.45% to 1.89 Million while the market cap is $110.074 Billion. Furthermore, analysts have maintained a buy rating with a yearly target price of $442.70 suggesting a growth outlook for the upcoming sessions. DE Stock Price Prediction 2023 On the daily charts, DE stock price is near the 50 day EMA and is heading to the round mark of $400. The RSI curve stayed in the overbought zone and showed a positive crossover indicating a bullish outlook. The MACD indicator showed a bullish crossover suggesting that DE stock may reach the bluesky zone of $500 soon. Conversely, in case of a reversal, DE stock may retest the round mark of $380 in the coming sessions. DE Stock Price Prediction 2024 Source: DE Stock/NYSE By TradingView On the monthly charts, DE stock showed a higher high formation and is waiting for a sharp move beyond…

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Filed under: News - @ November 6, 2023 1:14 am