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Bunge Global SA $BG Holdings Raised by Capital World Investors
Capital World Investors increased its stake in Bunge Global SA (NYSE:BG) by 4.5% during the third quarter, now owning 16 million shares valued at over $1.3 billion. Several other institutional investors also adjusted their positions in Bunge Global, which has seen its stock perform strongly, with a 50-day moving average price of $112.47. Analysts have issued a “Moderate Buy” rating with an average price target of $120.90, following the company’s recent earnings beat and positive revenue growth.