Wells Fargo & Company Lowers AGCO (NYSE:AGCO) Price Target to $117.00
Wells Fargo & Company has lowered its price target for AGCO (NYSE:AGCO) from $132 to $117, maintaining an "equal weight" rating, despite an implied upside of 13.46%. This adjustment follows AGCO's recent quarterly earnings report, which missed analyst expectations for both EPS and revenue, leading to a reduced FY2026 outlook. The overall analyst sentiment for AGCO remains mixed, with a consensus "Hold" rating and an average price target of $125.45.
Why it matters
Attributed market update with source link for portfolio context.