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Corn Hits New Low, Larger Yield Expected (CORN)
Monday, July 1, 2013 - 12:50pm | 611Corn hit its lowest price level since October 2010 on Monday, according to Bloomberg. The slide was likely inevitable, given the fact that U.S. farmers planted a record 97.4 million acres this spring, the highest total since 1936, according to the U.S. Department of Agriculture in a report...
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Citi Raises PT On ADM to $43
Friday, April 15, 2011 - 8:26am | 125Citi has raised its price target on Archer-Daniels-Midland Company (NYSE: ADM) from $41 to $43 based upon a visit with ADM management. In the report, Citi writes, “We are increasing our EPS estimates and lifting our price target to $43 (up $2) on ADM shares following our visit with ADM management...
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Deutsche Bank Maintains Hold Rating On ADM
Monday, January 24, 2011 - 9:56am | 92Deutsche Bank is maintaining its Hold rating on Archer-Daniels-Midland Company (NYSE: ADM). “While near-term upside relative to our price target exists, we believe valuation accurately reflects longer-term opportunities,” Deutsche Bank writes. “With positioning seemingly altered from the Sept Q,...