JP Morgan Maintains Neutral on Archer-Daniels Midland, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Thomas Palmer maintains a Neutral rating on Archer-Daniels Midland (NYSE:ADM) and lowers the price target from $77 to $75.
October 25, 2023 | 6:40 pm
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JP Morgan has maintained a Neutral rating on Archer-Daniels Midland and lowered the price target from $77 to $75.
The news directly pertains to Archer-Daniels Midland (ADM). JP Morgan's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the lowering of the price target could potentially have a slight negative impact, as it suggests that the analyst sees less upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100