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Archer Daniels upgraded to Equal Weight from Underweight at Barclays

Barclays analyst Benjamin Theuer upgraded Archer Daniels (ADM) to Equal Weight from Underweight with a price target of $61, up from $50. The firm cites biofuel Policy improvements, the ramping of Decatur East and upside potential from improved trade dynamics for the upgrade. The analyst sees improvements in Archer ‘s nutrition segment and a recovering crush outlook.

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