Citi Downgrades Adecoagro S.A. (AGRO) to Neutral From Buy
Citi downgraded Adecoagro S.A. (NYSE:AGRO) to Neutral from Buy on April 15, 2026, despite raising its price target to $15 from $13. The downgrade was attributed to the stock having already priced in a better scenario, given its strong year-to-date performance and unattractive yields/multiples. The firm cited higher urea and ethanol prices as factors for the price target increase.
Tickers: $AGRO
Topics: Adecoagro S.A. analyst downgrade Citi price target stock rating