Goldman Sachs Comments on News of Archer-Daniels-Midland Company's Proposed Acquisition of GrainCorp Being Blocked by Australian Government

By: Benzinga
In 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 acquisition of GrainCorp. The Australian Treasurer, Joe
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