Morgan Stanley cuts ADM, Bunge targets on weaker 2025 outlook

Published 10/02/2025, 21:16

Investing.com -- Morgan Stanley lowered its price targets on Archer-Daniels-Midland Company (NYSE:ADM) and Bunge Limited (NYSE:BG)due to a weaker-than-expected 2025 outlook and earnings pressure.

The firm cut ADM’s price target to $47 from $52, reducing its 2025 EPS estimate to $4.00 from $4.15 amid supply risks and lower valuation multiples.

Bunge’s price target was slashed to $74 from $90, with 2025 EPS now expected at $7.75, down from $8.50.

Morgan Stanley (NYSE:MS) noted that both companies face a more backloaded 2025 recovery, with equity markets showing less confidence in a second-half rebound.

 

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