On 31‑08‑2026 at 07:06 pm, Reuters reported that Deere & Company (NYSE:DE) shares increased 2.6 % following Baird’s upgrade of the stock from Neutral to Outperform. Baird also raised its price target to $800, up from the previous $640. Baird analyst Mircea Dobre said Deere benefits from the cleanest setup due to its high exposure to North America row‑crop equipment demand and noted that the stock is typically the first bought when investors seek a fundamental inflection in agriculture, adding that more upside is expected in 2027. Dobre referenced early‑order program commentary that suggests planters and sprayers are up mid‑single‑digit percentages compared with last year’s completed program, providing initial visibility of a recovery in production and precision agriculture, and he indicated that early‑order volumes could end up even higher by program completion. Baird projects Deere’s earnings power to approach $25 per share in 2027 and to rise into the mid‑$30s per share in 2028 as the North American large‑agriculture base recovers. The upgrade occurs amid shifting demand dynamics in the North America row‑crop equipment market for agricultural equipment manufacturers.