Earnings
UBS cuts Bunge stock price target on valuation, keeps buy rating
UBS has lowered its price target for Bunge Global SA (NYSE:BG) from $145 to $115, citing valuation concerns, but maintained a Buy rating on the stock. Despite the cut, the firm sees potential for upward earnings revisions in 2026 and 2027 due to increased demand certainty and believes investor concerns about Glencore's ownership stake reduction are overstated. This updated target comes after Bunge reported strong second-quarter 2026 results that surpassed expectations, leading other analysts to