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Gabelli Funds LLC Lowers Stock Position in Deere & Company $DE
Gabelli Funds LLC reduced its stake in Deere & Company by 0.8% in the third quarter, holding 256,902 shares valued at $117.47 million, despite other institutional investors increasing their positions. The article also provides a comprehensive overview of Deere & Company’s recent stock performance, earnings, dividend announcement, insider transactions, and analyst ratings, alongside key news stories affecting the company. Analysts maintain a “Moderate Buy” rating with an average target price of $647.20 for the industrial products giant.