Morgan Stanley raised the firm’s price target on Bunge (BG) to $95 from $83 and keeps an Equal Weight rating on the shares after rolling out a full pro forma model for Viterra under Bunge’s new reporting structure. The firm is also raising its EPS forecast to be aligned with the recent outlook update.
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Read More on BG:
- Cautious Optimism for Bunge Global Amidst Limited Information and Updated Guidance
- Bunge price target raised to $105 from $85 at Barclays
- Bunge price target raised to $115 from $85 at Stephens
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- Bunge price target raised to $110 from $95 at BMO Capital