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Fly News Breaks for November 11, 2016
ADM
Nov 11, 2016 | 05:53 EDT
JPMorgan analyst Ann Duignan downgraded Archer Daniels Midland to Underweight and lowered her price target for the shares to $36 from $42 following meetings with management. Risks to U.S. agriculture are "now skewed to the downside" following the presidential election, Duignan tells investors in a research note. She expects the stock to be under continued pressure as the impact of actual policy starts to weigh on ADM's core businesses.
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