BofA Lifts PT on Bunge Global SA (BG) to $130 From $125 – Here’s Why

Bunge Global SA (NYSE:BG) is one of the best undervalued defensive stocks for 2026. BofA lifted the price target on Bunge Global SA (NYSE:BG) to $130 from $125 on March 11, reiterating a Buy rating on the shares. The firm told investors that it sees the company’s Investor Day positively, given higher-than-expected midcycle EPS of $13-$15, a rise in the synergy target, as well as the discussion of additional margin-enhancing opportunities as the company leverages the combined platform and tech. BofA added t ...