Benzinga | Dec 13, 2021 12:12PM EST

Barclays Sees Sharp Upside In Archer-Daniels-Midland

* Barclays analyst Benjamin Theuer raised the price target on Archer-Daniels-Midland Co (NYSE:ADM) to $82 from $75 and kept an Overweight rating on the shares, implying a 27% upside.

* At its investor day Friday, the company provided an upbeat view on performance over the coming years, Theuer noted.

* The company unveiled a plan to drive continued earnings growth to $6.00-$7.00 per share by 2025.

* Price Action: ADM shares traded higher by 1.69% at $64.52 on the last check Monday.