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Baird upgrades AGCO to outperform; 2026-27 tractor plans

Baird upgraded AGCO to outperform, framing an early-cycle recovery. AGCO is preparing new Fendt tractors and the Momentum planter for 2026–27 deliveries and expanding a Visalia, CA parts center to speed service.

AGCO

AGCO Corporation (NYSE:AGCO) is positioned for an early-cycle recovery after Baird upgraded the stock to outperform. The company is preparing new Fendt tractors and the Momentum planter for 2026—27 deliveries, while also expanding a Visalia, CA parts center to speed service for dealers and farmers.