Roth MKM Maintains Buy on Bunge Global, Lowers Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Brian Wright maintains a Buy rating on Bunge Global (NYSE:BG) but lowers the price target from $161 to $138.

February 05, 2024 | 7:04 pm
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Roth MKM maintains a Buy rating on Bunge Global but lowers the price target from $161 to $138.
While the reduction in price target could suggest a more cautious outlook on Bunge Global's short-term price potential, the maintenance of a Buy rating indicates a continued positive long-term view on the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the sustained Buy recommendation.
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