** Oppenheimer cuts price target on tractor maker Deere & Co DE.N to $680 from $715, maintains rating at "outperform"

** New PT still implies an upside of 28.5% to the stock's last close

** Brokerage says a weaker outlook for Brazil's agriculture business is weighing on recovery momentum and could keep the stock subdued in the near term

** Adds margins are under pressure in first-half of 2026 due to inflation, tariffs and tough comparisons, with pricing not fully keeping up with rising costs

** Separately, Citi cuts PT to $575 from $595

** Fourteen of 25 brokerages rate the stock "buy" or higher, 11 "hold"; their median PT is $627.50- data compiled by LSEG

** As of last close, stock had risen 13.7% YTD