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Lamb Weston Analyst: Potato Bearishness Is Half-Baked
Wednesday, June 19, 2019 - 5:02pm | 361Investors were having a side of fries Wednesday, buying shares of potato processor Lamb Weston Holdings Inc (NYSE: LW) after Goldman Sachs upgraded the stock. The Analyst Analyst Adam Samuelson upgraded Lamb Weston from Neutral to Buy with a $76 target price. The Thesis With demand up, potato...
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Goldman Sachs Joins The Growing Archer Daniels Bull Crowd
Monday, March 12, 2018 - 11:38am | 445Citi upgraded Archer Daniels Midland Co (NYSE: ADM)'s stock last week, and the processor of agricultural commodities earned another upgrade Sunday courtesy of Goldman Sachs. The Analyst Goldman Sachs' Adam Samuelson upgraded Archer Daniels' stock rating from Neutral to Buy...
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Goldman Sachs 'Disappointed' By Darling Ingredients' EBITDA Outlook, Moves To Neutral
Thursday, March 1, 2018 - 3:20pm | 385Food supplier Darling Ingredients Inc (NYSE: DAR) reported Wednesday after the close with fourth-quarter net income of $105.7 million — 63 cents per GAAP-diluted share — as well as $952.5 million in revenue and adjusted EBITRDA of $115.8 million. The Analyst Goldman Sachs...
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Goldman Neutral On A Pure-Play Table Egg Producer: Cal-Maine Foods
Thursday, November 10, 2016 - 9:16am | 303Goldman Sachs’ Adam Samuelson views Cal-Maine Foods Inc (NASDAQ: CALM), a pure play table egg producer, as a “a key industry consolidator” with a solid M&A track record. Samuelson initiated coverage of the company with a Neutral rating and price target of $37. Industry Shift...
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Goldman Upgrades Darling Ingredients To Buy, Sees Tailwinds 'Too Big To Ignore'
Wednesday, June 29, 2016 - 11:39am | 370Shares of Darling Ingredients Inc (NYSE: DAR) surged as much as 10 percent to $15.13 on the day — $0.80 below its 52-week high of $15.93 — after Goldman Sachs upgraded the stock to Buy and raised price target by $2 to $18, implying an upside of 31 percent. Benefits Ahead Based in Irving...
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Goldman Sachs' Takeaways From Mosaic CFO Meeting
Tuesday, June 7, 2016 - 3:59pm | 338Goldman Sachs met with the CFO and VP of Mosaic Co (NYSE: MOS) at a sell-side lunch in New York City. In a midday note, Goldman's Adam Samuelson said the event contained little in the way of "new news" aside from management conveying a view of cautious optimism regarding global...
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Goldman On CF Industries: Waiting On The Sidelines
Friday, June 3, 2016 - 9:55am | 272Goldman Sachs’ Adam Samuelson believes that the risk/reward for CF Industries Holdings, Inc. (NYSE: CF) is balanced at present, given “persistent uncertainty on the global urea cost curve and near-term oversupply concerns as NA capacity additions peak over the next 9 months.”...
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Goldman Removes Tyson Foods From Its Conviction Buy List, Still Sees 17% Upside
Thursday, May 12, 2016 - 8:45am | 280Tyson Foods, Inc. (NYSE: TSN) shares have appreciated 67 percent over the past 12 months, as compared to the 2 percent decline in the S&P. Goldman Sachs’ Adam Samuelson maintains a Buy rating on the company, with a price target of $80. Upside Potential While removing Tyson Foods from...
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Goldman Downgrades Sanderson Farms To Sell, Sees 17% Downside
Tuesday, March 15, 2016 - 8:05am | 270Goldman Sachs’ Adam Samuelson downgraded the rating on Sanderson Farms, Inc. (NASDAQ: SAFM) from Neutral to Sell, while maintaining the price target at $75. Downside Risk Samuelson believes that there could be 17 percent downside to the stock from its current levels, as compared to the...
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UPDATE: Goldman Sachs Upgrades CF Industries as Cash Return Potential Surprises on Upside
Thursday, December 5, 2013 - 10:39am | 153In a report published Thursday, Goldman Sachs analyst Adam Samuelson upgraded the rating on CF Industries (NYSE: CF) from Sell to Neutral, and raised the price target from $184.00 to $232.00. In the report, Goldman Sachs noted, “We upgrade CF to Neutral from Sell and raise our 12-month price...
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Goldman Sachs Comments on News of Archer-Daniels-Midland Company's Proposed Acquisition of GrainCorp Being Blocked by Australian Government
Friday, November 29, 2013 - 11:17am | 207In a report published Friday, Goldman Sachs analyst Adam Samuelson reiterated a Buy rating and $42.00 price target on Archer-Daniels-Midland Company (NYSE: ADM). In the report, Goldman Sachs noted, “Late Thursday, the Australian government announced that it would block ADM's proposed $3.1bn...