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AGCO - Could Supply Chain Constraints Help AGCO Face A Recession?
June, 24 2022 04:51 AM
AGCO Corporation
AGCO saw its price drop following Morgan Stanley's downgrade to "Equal Weight" assessing the risk of a recession. AGCO's fundamentals are healthy and have not deteriorated over the past quarter. AGCO could benefit from its supply chain constraints that made it postpone order fulfillment. AGCO order book is full for the year and covers part of 2023, thus making it enter into the possible recession with strong tailwinds. For further details see:
Could Supply Chain Constraints Help AGCO Face A Recession?
Stock Information
Company Name:
AGCO Corporation
Stock Symbol:
AGCO
Market:
NYSE
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