shares of deere  co de dropped 46 in morning trading monday putting them on track for a fifthstraight loss after bofa securities downgraded the agricultural and construction equipment company citing concerns over more tepid order patterns the stock has tumbled 122 over the past five trading days since it closed at a record 43845 on april 18 analyst ross gilardi cut his rating to neutral from buy and lowered his stock price target at 450 from 475 gilardi said a survey of 40 dealers showed that less than 40 plan to order more equipment compared with 57 six months ago deeres earnings have not peaked but we believe that a lot of good news is priced into the stock gilardi wrote in a note to clients as expected dealer commentary on pricing and inventory was bullish but we detected a little more caution on order trends due to fertilizer shortages than anticipated deeres stock has rallied 123 year to date while the spdr industrial select sector etf xli has lost 85 and the sp 500 spx has dropped 111