Barclays Maintains Overweight on Bunge, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Theurer maintains an Overweight rating on Bunge (NYSE:BG) and raises the price target from $121 to $125.
August 04, 2023 | 3:49 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Bunge and raises the price target from $121 to $125, which could lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for Bunge. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100