ADM sees years of tight global crop supplies, strong 2022 profit outlook

Go back to ADM sees years of tight global crop supplies, strong 2022 profit outlook

Archer Daniels Midland (ADM) PT Raised to $111 at Stifel

April 26, 2022 3:54 PM EDT

Stifel analyst Vincent Anderson raised the price target on Archer Daniels Midland (NYSE: ADM) to $111.00 (from $100.00) while maintaining a Buy rating following earnings.

The analyst commented, "We are updating our estimates following a solid 1Q22 performance from ADM and management guidance for 2022. On net,... More