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Archer Daniels Midland (ADM) Receives a Hold from Barclays

Tipranks - Tipranks - Thu Feb 5, 3:14AM CST

Barclays analyst Benjamin Theurer maintained a Hold rating on Archer Daniels Midland today and set a price target of $61.00.

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According to TipRanks, Theurer is a 4-star analyst with an average return of 3.9% and a 50.99% success rate. Theurer covers the Consumer Defensive sector, focusing on stocks such as Tyson Foods, Ingredion, and Archer Daniels Midland.

In addition to Barclays, Archer Daniels Midland also received a Hold from TipRanks – OpenAI’s OpenAI Agricultural Farm Products in a report issued yesterday. However, on the same day, Morgan Stanley maintained a Sell rating on Archer Daniels Midland (NYSE: ADM).

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Based on Archer Daniels Midland’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $20.37 billion and a net profit of $108 million. In comparison, last year the company earned a revenue of $19.94 billion and had a net profit of $18 million

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