Bunge price target lowered to $76 from $86 at Citi

Citi lowered the firm’s price target on Bunge (BG) to $76 from $86 and keeps a Neutral rating on the shares following a Q4 EPS miss and 2025 EPS outlook below the Visible Alpha consensus. Bunge’s comments suggest a weak start to 2025 with meaningful improvement as the year progresses, notes the analyst, who adds that the guidance “does not seem overly conservative to us and is likely to be lowered next quarter if the pending Viterra acquisition has closed.” The firm lowered its 2025 EPS view to $7.86 from $8.53 and its 2026 forecast to $9.17 from $9.63, the analyst noted.