Goldman Sachs Previews AGCO Corp.'s Analyst Day (AGCO)

Goldman Sachs is out with its research report today on AGCO Corp. (NYSE: AGCO) in anticipation of AGCO's analyst day.

In a note to clients, Goldman Sachs writes, "We expect AGCO to introduce 2011 EPS guidance of $2.50-$2.65, below GS/ consensus of $3.10/ $2.86 as management is likely to set conservative South America sales targets given rising FENAME program financing costs and weak near-term orders."

Goldman Sachs maintains its Buy rating and $53 price target on AGCO.

AGCO closed Friday at $46.16.