Deere & Co. shares jumped 10% since last Friday's close, hitting a record high above $700 per share. This follows a strong fiscal third-quarter report on August 20, where the company boosted the low end of its full-year net income guidance by $250 million. Baird analyst Mircea Dobre believes this signals the start of a recovery cycle in agricultural equipment sales, anticipating the stock could reach $800 per share.