Goldman Sachs Comments on News of Archer-Daniels-Midland Company's Proposed Acquisition of GrainCorp Being Blocked by Australian Government
November 29, 2013 at 10:17 AM EST
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