Baird Maintains Neutral on Bunge Global, Lowers Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ben Kallo has maintained a Neutral rating on Bunge Global (NYSE:BG) and reduced the price target from $125 to $108. The adjustment in the price target reflects a more conservative valuation of the company's stock.
January 23, 2024 | 8:08 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Baird analyst Ben Kallo has maintained a Neutral rating on Bunge Global but lowered the price target from $125 to $108, indicating a more cautious outlook on the stock's value.
The reduction in Bunge Global's price target by Baird suggests a more conservative view of the company's future stock performance, which could lead to a negative short-term impact on investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100