Citigroup Initiates Coverage On Bunge Global with Buy Rating, Announces Price Target of $108
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer initiates coverage on Bunge Global (NYSE:BG) with a Buy rating and announces a price target of $108.
February 01, 2024 | 11:48 am
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Citigroup has initiated coverage on Bunge Global with a Buy rating and set a price target of $108.
The initiation of coverage by a major financial institution like Citigroup, especially with a Buy rating and a significant price target, is likely to generate positive sentiment among investors. This can lead to increased buying activity, pushing the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100