Form 8-K Archer-Daniels-Midland For: Mar 12

Go back to Form 8-K Archer-Daniels-Midland For: Mar 12

Archer Daniels Midland (ADM) PT Lowered to $71 at BofA Securities

March 14, 2024 5:34 AM EDT

BofA Securities analyst Steve Byrne lowered the price target on Archer Daniels Midland (NYSE: ADM) to $71.00 (from $85.00) while maintaining a Neutral rating.

The analyst comments "We maintain our Neutral rating as we balance ADMs undemanding valuation at ~10x 2024E EPS with earnings... More

Archer Daniels Midland (ADM) PT Lowered to $74 at Wolfe Research

March 13, 2024 4:29 AM EDT

Wolfe Research analyst Sam Margolin lowered the price target on Archer Daniels Midland (NYSE: ADM) to $74.00 (from $82.00) while maintaining a Outperform rating.

The analyst comments "As of 10/23, ADM shares are -22% YTD, tracking the Biofuels average -22%, but behind the XOP +9% and... More

Archer Daniels Midland (ADM) PT Lowered to $64 at Goldman Sachs

March 13, 2024 4:21 AM EDT

Goldman Sachs analyst Adam Samuelson lowered the price target on Archer Daniels Midland (NYSE: ADM) to $64.00 (from $67.00) while maintaining a Neutral rating.

The analyst comments "ADM shares outperformed the broader market today (ADM +3.9% vs. S&P +1.1%) after reporting 4Q23 results and an initial 2024 outlook broadly inline with incoming... More

Archer Daniels Midland (ADM) PT Raised to $58 at Stifel

March 12, 2024 3:54 PM EDT

Stifel analyst Vincent Anderson raised the price target on Archer Daniels Midland (NYSE: ADM) to $58.00 (from $56.00) while maintaining a Hold rating.

The analyst comments "We are updating our estimates for ADM following 4Q23 reporting. On net, our estimates are lowered for 2024 as a... More

CFRA Upgrades Archer Daniels Midland (ADM) to Buy

March 12, 2024 12:41 PM EDT

CFRA analyst Arun Sundaram upgraded Archer Daniels Midland (NYSE: ADM) from Hold to Buy with a price target of $67.00 (from $61.00).

The analyst comments "We lift our 12-month target by $6 to $67, 10.9x our 2024 adj-EPS of $6.13 (up from $6.10; 2025's set at $6.34) vs. the 14x long-term average forward P/E.... More