Barclays reiterates an Overweight on Deere (DE -1.7%) ahead of tomorrow's FQ4 report: while...

|About: Deere & Company (DE)|By:, SA News Editor

Barclays reiterates an Overweight on Deere (DE -1.7%) ahead of tomorrow's FQ4 report: while believing the tractor maker's FY12 guidance will be conservative, it thinks "the bar is set relatively low," given concerns about margins and combine inventories. Barclays adds that it believes Deere's Agriculture & Turf equipment business could see improving margins in 2012.