JP Morgan Upgrades Adecoagro to Neutral, Raises Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Lucas Ferreira has upgraded Adecoagro (NYSE:AGRO) from Underweight to Neutral and raised the price target from $10.5 to $11.5.
July 01, 2024 | 2:15 pm
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JP Morgan analyst Lucas Ferreira has upgraded Adecoagro (NYSE:AGRO) from Underweight to Neutral and raised the price target from $10.5 to $11.5.
The upgrade from Underweight to Neutral and the increase in the price target from $10.5 to $11.5 by a reputable analyst at JP Morgan is likely to positively impact investor sentiment and could lead to a short-term increase in AGRO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100