Morgan Stanley Upgrades Adecoagro to Equal-Weight, Raises Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Javier Martinez has upgraded Adecoagro (NYSE:AGRO) from Underweight to Equal-Weight and raised the price target from $9 to $13.
July 17, 2023 | 9:52 am
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Adecoagro's stock rating has been upgraded by Morgan Stanley from Underweight to Equal-Weight, with a price target increase from $9 to $13.
The upgrade from Morgan Stanley indicates a more positive outlook for Adecoagro. The increase in price target suggests that the analyst believes the stock has potential for growth, which could lead to a positive impact on the stock's price in the short term.
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