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Fly News Breaks for February 15, 2018
GLNCY, ADM, BG
Feb 15, 2018 | 07:12 EDT
As previously reported, Stephens analyst Farha Aslam upgraded Bunge to Overweight from Equal Weight, citing her view that ag fundamentals are now bottoming and its earnings should begin to recover. Also, Bunge has been considered a takeout target, with interest reported from Archer Daniels (ADM) and Glencore (GLNCY), noted Aslam, who believes Bunge could be valued at $90-$95 per share in an M&A situation. The analyst raised her price target on Bunge shares to $90 from $72.
News For BG;ADM;GLNCY From the Last 2 Days
BG
BG
BG
Apr 24, 2024 | 09:47 EDT
Bunge is down -6.6%, or -$7.20 to $102.42.
BG
BG
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