Chip Stocks Slide as South Korea's KOSPI Plunges, J&J Sinks 6%: Stock Market Today
Chip stocks sold off after a 5% KOSPI plunge, with Micron and Applied Materials sinking, while J&J fell despite a guidance raise.
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JP Morgan Maintains Overweight on Bunge Global, Lowers Price Target to $139
JP Morgan analyst Thomas Palmer maintains Bunge Global (NYSE:BG) with a Overweight and lowers the price target from $140 to $139.
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8-K filing — Bunge Global SA (BG)
Filed: 2026-10-05 AccNo: 0001628280-26-064933 Size: 154 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits
Is Bunge Worth Buying as Oilseed Strength Meets Integration Risks?
Bunge Global (BG) benefits from strong soybean and softseed processing gains and Viterra integration with increased cost-synergy targets to $350 million. However, weak cash conversion, below-benchmark returns on invested capital, and persistent grain merchandising weakness create execution risks. The stock trades above its five-year median valuation, making synergy delivery and earnings consistency critical to investment thesis.