US EditionWhy GrainCorp is Macquarie’s top pick in the ASX agriculture sector
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Why GrainCorp is Macquarie’s top pick in the ASX agriculture sector
Despite mixed weather conditions in the country, Graincorp Ltd (ASX: GNC) has emerged as a top pick in Macquarie's latest agriculture sector review. The broker is bullish with a $9.00 price target (GrainCorp shares are currently trading at $7.78) and a preferred pick over Nufarm Ltd (ASX: NUF) and Elders Ltd (ASX: ELD). So what makes GrainCorp the standout? Strong earnings and exports GrainCorp just delivered a first-half result that was well ah…
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