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GLJ Research Initiates Coverage on Legence Corp with Buy Rating
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Jefferies Increases Price Target for Archer-Daniels-Midland to $77
Jefferies has raised its price target for Archer-Daniels-Midland Company (NYSE:ADM) from $65 to $77, while maintaining a Hold rating on the stock. The investment firm anticipates that the first quarter will represent a low point for the company.
For the first quarter, Jefferies projects earnings per share (EPS) of 70 cents. This adjustment reflects the firm's outlook on the company's performance in the near term, suggesting a potential recovery in subsequent quarters. Archer-Daniels-Midland is also recognized as one of the 15 Best Consistent Dividend Stocks to Buy Right Now.
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Source: KLEA News