JP Morgan Maintains Neutral on Archer-Daniels Midland, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Thomas Palmer has maintained a Neutral rating on Archer-Daniels Midland (NYSE:ADM) and lowered the price target from $85 to $77.
October 19, 2023 | 6:42 pm
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JP Morgan has maintained a Neutral rating on Archer-Daniels Midland and lowered the price target from $85 to $77.
The news is directly about Archer-Daniels Midland (ADM). The lowering of the price target by JP Morgan may cause some investors to reassess their positions, potentially leading to short-term price volatility. However, the maintained Neutral rating suggests that the overall outlook for the company remains stable.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100