Deere & Co upgraded to "equal weight"

03/13/03 - Lehman Brothers

NEW YORK, March 13 (New Ratings) – Analyst Joel G Tiss of Lehman Brothers upgrades Deere & Co (DE) from "under weight" to "equal weight."

The analyst is impressed by Deere & Co’s better-than-expected cost control for the past many quarters. Lehman Brothers believes that given the company’s healthy earnings trends and the stock’s reasonable valuation, the company’s stock seems attractive.