Morgan Stanley analyst Steven Haynes maintains $Archer Daniels Midland (ADM.US)$ with a hold rating, and adjusts the target price from $57 to $52.
According to TipRanks data, the analyst has a success rate of 0.0% and a total average return of 0.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Archer Daniels Midland (ADM.US)$'s main analysts recently are as follows:
The firm gained insights from ADM's Q3 earnings dialogue, highlighting short-term challenges and opportunities for offsetting cyclical drawbacks through operational advancements. It identifies potential for ADM's earnings to gain from increased crush volumes, the reinitiation of Decatur East, recovery both operationally and in demand within the Human Nutrition sector, and strategic capital utilizations. Nonetheless, the firm expressed uncertainty regarding the extent of foreseeable recovery in the agriculture products sector, particularly given the growing pressures on crush margins and refined oil spreads.
The company's third quarter conference call highlighted ongoing pressures in crush, challenges due to biofuel regulatory uncertainties, and continued weakness in the Human Nutrition sector, leading to management reaffirming their revised downward guidance from last month.
Archer Daniels' Q3 earnings fell short of expectations primarily due to weaknesses in their Ag Services & Oilseeds (AS&O) segment and Nutrition profits, although this was somewhat mitigated by ongoing strength in Carb Solutions. Challenges in normalizing AS&O fundamentals, coupled with uncertainties concerning U.S. biofuels policy and the Nutrition sector's outlook, are expected to constrain earnings into 2025.
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摩根士丹利分析師Steven Haynes維持$Archer Daniels Midland (ADM.US)$持有評級,並將目標價從57美元下調至52美元。
根據TipRanks數據顯示,該分析師近一年總勝率為0.0%,總平均回報率為0.0%。
此外,綜合報道,$Archer Daniels Midland (ADM.US)$近期主要分析師觀點如下:
該公司從ADM的第三季度業績對話中獲得了見解,強調了短期挑戰和通過運營改進抵消週期性缺陷的機會。它指出ADM的收益有潛力受益於壓榨量的增加,Decatur East的重新啓動,人類營養板塊的運營和需求恢復,以及戰略資本的利用。然而,該公司對農業產品板塊預計可恢復的程度表示不確定,特別是在壓榨利潤和精煉油裂解價差上升的壓力加大之際。
該公司的第三季度電話會議突出了壓榨領域的持續壓力、生物燃料監管不確定性帶來的挑戰,以及人類營養板塊的持續疲軟,導致管理層重申了上月修訂下調的指導意見。
阿徹丹尼爾斯的第三季度收益未能達到預期,主要是由於其農業服務與油籽(AS&O)板塊和營養利潤的疲軟,儘管這在一定程度上被碳解決方案的持續強勁表現所緩解。AS&O基本面的正常化挑戰,加上對美國生物燃料政策和營養板塊前景的不確定性,預計將限制收益至2025年。
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