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CAPITAL GOODS: Deere (DE A1/A/A+): Analyst Call

CAPITAL GOODS
  • In the prepared comments, management referenced the operating cash flow downgrade we mentioned earlier ($6-6.5bn, $1bn downgrade). They put that down to working capital volatility due to the market pullback.
  • No follow up questions were asked on that and we didn’t find anything new of interest in the Q&A.

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