Citigroup Downgrades Bunge Global to Neutral, Lowers Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer has downgraded Bunge Global (NYSE:BG) from Buy to Neutral and lowered the price target from $125 to $114.
August 01, 2024 | 12:06 pm
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Citigroup analyst Thomas Palmer downgraded Bunge Global from Buy to Neutral and reduced the price target from $125 to $114.
The downgrade from Buy to Neutral and the reduction in the price target from $125 to $114 by Citigroup is likely to negatively impact Bunge Global's stock price in the short term as it reflects a less optimistic outlook from a major financial institution.
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