Upgrades: ADM, KAR
January 20, 2010 by admin
This morning Citigroup upgraded shares of Archer-Daniels Midland ADM from Hold to Buy as the firm believes the market has not priced in the upside to varius business units The firm sees its oilseed processing unit and the ethanol unit adding to the company s bottom line in 2010 and have set a a price target of 37 per share
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