BMO Capital Maintains Outperform on Bunge, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has maintained an 'Outperform' rating on Bunge (NYSE:BG) and raised the price target from $120 to $140.
August 04, 2023 | 2:13 pm
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Bunge's price target has been raised from $120 to $140 by BMO Capital, which maintains an 'Outperform' rating on the stock.
The raised price target indicates BMO Capital's increased confidence in Bunge's future performance. This could potentially attract more investors, driving the stock price up in the short term.
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