Barclays Sees Sharp Upside In Archer-Daniels-Midland

  • Barclays analyst Benjamin Theuer raised the price target on Archer-Daniels-Midland Co ADM to $82 from $75 and kept an Overweight rating on the shares, implying a 27% upside.
  • At its investor day Friday, the company provided an upbeat view on performance over the coming years, Theuer noted.
  • The company unveiled a plan to drive continued earnings growth to $6.00-$7.00 per share by 2025.
  • Price Action: ADM shares traded higher by 1.69% at $64.52 on the last check Monday.
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