Barclays Maintains Overweight on Archer-Daniels Midland, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Theurer maintains an Overweight rating on Archer-Daniels Midland (NYSE:ADM) but lowers the price target from $99 to $95.
June 01, 2023 | 11:27 am
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Barclays maintains an Overweight rating on Archer-Daniels Midland (NYSE:ADM) and lowers the price target from $99 to $95.
The news directly mentions Archer-Daniels Midland (NYSE:ADM) and the lowered price target by Barclays. While the Overweight rating is maintained, the reduced price target may have a neutral short-term impact on the stock price as it indicates a slightly less optimistic outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100