AGCO Corp.

Goldman Sachs is raising its price target on AGCO Corp. (NYSE: AGCO) from $62 to $68 and is maintaining its Neutral rating on the stock, based upon improved risk-reward. According to Goldman Sachs, “We maintain our Neutral rating, as we continue to prefer mining equipment manufacturer Joy Global (...

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...