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Archer Daniels price target lowered to $90 from $98 at Baird
The Fly

Archer Daniels price target lowered to $90 from $98 at Baird

Baird lowered the firm’s price target on Archer Daniels to $90 from $98 and keeps an Outperform rating on the shares. The analyst said the Q1 bottom-line results beat despite a revenue miss with particularly strong results in Ag Services and Oilseeds. We believe Q2 will be weaker setting up for 2023 to be back half weighted.

Published first on TheFly

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