F&B Winners, Losers In Trump's Tariffs [Forbes]
Deere & Company (DE)
Last deere & company earnings: 2/21 06:45 am
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Source: Forbes
While American producers might benefit from increased production, international companies could face higher import costs and market changes, resulting in both winners and losers in the industry. Getty Images The winners and losers in the presidential election are clear, but who will be the winners and losers in the F&B industry? Although the prospect of new, protectionist tariffs is only on the horizon, they could create big winners and losers and potentially shift F&B loyalties and supply lines for everything from tomatoes in Mexico to garlic from China. Global giants could be hit with import costs, American beers could get a boost, private label could benefit, and U.S. producers could get help at home and face repercussions abroad. Government intervention in the form of tariffs or taxes on imports could impact prices, margins, and market share. Consumers could be hit by what might feel like a new era of inflation, while American production could increase. Tariffs could turn
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DE
News
- Deere & Company (NYSE: DE) had its price target raised by analysts at UBS Group AG from $404.00 to $462.00. They now have a "neutral" rating on the stock.MarketBeat
- Deere & Company (NYSE: DE) had its price target raised by analysts at Truist Financial Co. from $496.00 to $538.00. They now have a "buy" rating on the stock.MarketBeat
- ETFs in Focus as Deere Beats on Q4 Earnings [Yahoo! Finance]Yahoo! Finance
- Deere & Company (NYSE: DE) had its price target raised by analysts at JPMorgan Chase & Co. from $420.00 to $450.00. They now have a "neutral" rating on the stock.MarketBeat
- Deere & Company (NYSE: DE) had its price target raised by analysts at Barclays PLC from $400.00 to $475.00. They now have an "overweight" rating on the stock.MarketBeat
DE
Earnings
- 11/21/24 - Beat
DE
Sec Filings
- 11/21/24 - Form 8-K
- 11/4/24 - Form 4
- 11/4/24 - Form 3
- DE's page on the SEC website