JPMorgan Raises ADM Price Target Amid Improving Biofuels Outlook and Stronger Demand
ByAinvest
Thursday, Mar 26, 2026 1:20 am ET1min read
ADM--
JPMorgan raised Archer-Daniels-Midland's (ADM) price target to $65 from $61 and maintained an Underweight rating. The firm cited an improving biofuels outlook due to the Environmental Protection Agency's proposed renewable volume obligations for 2026 and stronger demand, pushing margins higher for biofuels producers and oilseed processors. ADM expects adjusted EPS for 2026 to be between $3.60 and $4.25.
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