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Bunge price target raised to $112 from $95 at BofA

BofA raised the firm’s price target on Bunge (BG) to $112 from $95 and keeps a Buy rating on the shares, citing updated earnings forecasts and confidence in synergy realization from the Viterra deal. The firm, which assumes that most of the synergy capture will be materialized by yearend 2027 and market dynamics will improve, raised its 2026-27 EPS forecasts to $8.35 and $10.70, respectively.

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