UBS Raises Price Target for Archer-Daniels-Midland
On June 15, UBS analyst Manav Gupta raised the price target for Archer-Daniels-Midland (NYSE:ADM) to $95 from $90 while maintaining a 'Buy' rating. The move follows ADM's strong first-quarter performance and positive outlook on its crushing and ethanol businesses.
Topics: Archer-Daniels-Midland Cash Flow Yield Earnings Guidance UBS