Morgan Stanley Maintains Equal-Weight on Archer-Daniels Midland, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Vincent Andrews has maintained an Equal-Weight rating on Archer-Daniels Midland (NYSE:ADM) and lowered the price target from $87 to $76.
October 30, 2023 | 2:16 pm
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Morgan Stanley has maintained an Equal-Weight rating on Archer-Daniels Midland and lowered the price target from $87 to $76.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100