Archer Daniels Midland (ADM) Tops Q4 EPS by 12c

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Go back to Archer Daniels Midland (ADM) Tops Q4 EPS by 12c

Archer Daniels Midland (ADM) PT Raised to $49 at Baird; 'Strong Q4 Results Support Long-Term Thesis'

February 7, 2018 7:19 AM EST

Baird raised its price target on Archer Daniels Midland (NYSE: ADM) to $49.00 (from $47.00) while maintaining a Outperform rating.

Analyst Ben Kallo commented, "The conference call highlighted several levers for 2018 earnings growth including cost reductions, elimination of leakages, organic growth initiatives and tax reform. Additionally,... More