J.P. Morgan analyst Thomas Palmer maintained a Hold rating on Archer Daniels Midland (ADM – Research Report) yesterday and set a price target of $83.00. The company's shares closed last Thursday at $74.40. According to TipRanks.com, Palmer is a 2-star analyst with an average return of 1.8% and a 45.0% success rate. Palmer covers the Basic Materials sector, focusing on stocks such as Darling Ingredients, Mission Produce, and Bunge. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Archer Daniels Midland with a $97.88 average price target.
https://www.tipranks.com/news/blurbs/j-p-morgan-keeps-their-hold-rating-on-archer-daniels-midland-adm?utm_source=advfn.com&utm_medium=referral
Archer Daniels Midland (NYSE:ADM)
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