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Fly News Breaks for January 23, 2019
BG
Jan 23, 2019 | 08:47 EDT
Credit Suisse analyst Robert Moskow lowered his price target for Bunge to $70 from $77 following management's EBIT guidance reduction for its Agribusiness and Sugar segment. The analyst reiterates an Outperform rating on the shares due to his view that Bunge's newly constituted board will generate shareholder value by slimming down the portfolio, improving execution, and possibly selling the business.