Archer-Daniels-Midland shares are trading lower after BMO Capital downgraded the stock from Outperform to Market Perform.
Portfolio Pulse from Benzinga Newsdesk
Archer-Daniels-Midland (ADM) shares have dropped following a downgrade by BMO Capital from Outperform to Market Perform.

December 18, 2023 | 3:44 pm
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NEGATIVE IMPACT
Archer-Daniels-Midland's stock price has decreased due to a downgrade by BMO Capital from Outperform to Market Perform.
Analyst ratings often influence stock prices in the short term. A downgrade from 'Outperform' to 'Market Perform' suggests that BMO Capital no longer sees the stock outperforming the market, which can lead to a decrease in investor confidence and a subsequent drop in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100