Gehl Company <GEHL> Message Board

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Non-Tech : Gehl Company

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To: Marz who wrote (28)	3/26/1998 10:35:00 AM
From: Marz	Read Replies (1) of 97

Deere Stock target upped: from Breifing Com: ------------------------------------------------------------------------ Thursday March 26, 9:49 am Eastern Time RESEARCH ALERT - Deere price target raised NEW YORK, March 26 (Reuters) - Morgan Stanley on Thursday said it raised its 12-month price target on shares of Deere & Co (DE - news) to $70 from $62 a share. -- Strong buy reinstated. -- Low valuation, good cycle dynamics, according to analyst John Mackin. This should be good news also for Gehl, especially if the "Cycle dynamics" continue to be good. Continues to look like stock is being accumulated in front of 2nd Quarter earnings. Last week volumn was the lowest in about 6 months and it hit good resistance at 20 1/4. This week volumn has picked up nicely with stock moving to the upside.

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