BMO Capital reinstated coverage of Archer Daniels with an Outperform rating and $100 price target. which implies 26% upside. The analyst expects the company to exceed expectations in 2023 and 2024 due to benefits from continued strong fundamentals in agriculture services and oilseeds as well as accretive capital deployment.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on ADM: