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Barclays Raises Price Target for ADM to $68.00 | ADM Stock News
Barclays has increased its price target for Archer-Daniels-Midland (ADM) to $68.00 from $61.00, while maintaining an “Equal-Weight” rating. This decision follows previous adjustments from other analysts, including JP Morgan and Morgan Stanley, with the average target price from 10 analysts now standing at $60.87, implying a potential downside. Archer-Daniels-Midland is a major processor of agricultural commodities and also has a significant nutrition business.