Deere and Cisco Lower; Bullish Jumps; Tapestry Down
On this episode of Stock Movers:- Deere (DE) fell in the premarket after the agricultural-equipment giant trimmed its net income forecast for the full year. The midpoint of the new range is below analysts’ expectations. The builder of the iconic green and yellow machines used to plant and harvest crops estimated 2025 net income between $4.75 billion and $5.25 billion. That’s down from a forecast in May for between $4.75 billion and $5.50 billion, and compares to a Bloomberg estimate for $5.08 billion.- Cisco (CSCO) is lower after the maker of networking equipment reported earnings…
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