Barclays Maintains Overweight on Bunge, Lowers Price Target to $121
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Theurer maintains an Overweight rating on Bunge (NYSE:BG) but lowers the price target from $125 to $121.
June 01, 2023 | 11:25 am
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NEUTRAL IMPACT
Barclays maintains an Overweight rating on Bunge (NYSE:BG) and lowers the price target from $125 to $121.
The news of Barclays maintaining an Overweight rating on Bunge indicates a positive outlook for the company. However, the lowering of the price target from $125 to $121 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100