J.P. Morgan Positive on Deere & Company's Expected Growth in Europe

J.P. Morgan is attending an event in Europe with Deere & Company (NYSE: DE) management.

“We came away with a positive view on DE's expected growth in Europe (expected to be 15% this year as the market recovers) as well as a deeper understanding of DE's presence in Region 2,” J.P. Morgan writes. “Larger Region 2 strategy involves growing share, increasing ROA.”

Deere & Company closed Tuesday at $82.00.