Form 8-K Archer-Daniels-Midland For: Jan 19

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Go back to Form 8-K Archer-Daniels-Midland For: Jan 19

Stifel Downgrades Archer Daniels Midland (ADM) to Hold, 'we expect a sustained headwind to valuation on shares'

January 22, 2024 10:11 AM EST

Stifel analyst Vincent Anderson downgraded Archer Daniels Midland (NYSE: ADM) from Buy to Hold with a price target of $56.00 (from $116.00).

The analyst comments "We are updating our model for market data observed throughout the quarter ahead of ADM's 4Q23 reporting. We also... More

Roth/MKM Downgrades Archer Daniels Midland (ADM) to Neutral

January 22, 2024 7:32 AM EST

Roth/MKM analyst Brian Wright downgraded Archer Daniels Midland (NYSE: ADM) from Buy to Neutral with a price target of $66.00 (from $98.00).

The analyst comments "On Sunday evening, ADM announced that the CFO, Vikram Luther, was put on administrative leave as a result of an ongoing... More