Jefferies Maintains Hold on Archer-Daniels Midland, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Dushyant Ailani maintains a Hold rating on Archer-Daniels Midland (ADM) and lowers the price target from $70 to $65.
March 13, 2024 | 2:00 pm
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NEGATIVE IMPACT
Jefferies maintains a Hold rating on Archer-Daniels Midland and lowers the price target from $70 to $65.
The reduction in price target by Jefferies, a reputable financial services company, could lead to a negative short-term sentiment among investors, potentially causing a decrease in ADM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100