Deere is trading 4.17% up at $656.59 after Baird upgraded shares from Neutral to Outperform and raised its price target to $800 from $640.
- Baird cited improving North American agricultural conditions, stronger corn and soybean prices, and expectations for rising 2027 farmer margins to support future equipment demand.
- The stock rose more than 1% following the rating change, while major U.S. indexes were lower on August 31, 2026, indicating company-specific buying outweighed broader risk-off sentiment.