** J.P. Morgan assumes coverage of Archer-Daniels-Midland ADM.N and Bunge Global BG.N, with "neutral" and "overweight" ratings respectively
** New PT of $61 for ADM represents a 1.7% upside to the stock's last closing price on Tuesday
** Brokerage says there will be potential earnings upside over the next couple of years versus consensus estimates, but not enough at this time to warrant a more positive rating
** Expects earnings to be lifted by crushing and nutrition margins; says pressure persists in refined products, and agriculture services uncertain amid trade tensions
** New PT of $95 for BG represents a ~19% upside to stock's last close
** Brokerage expects BG's earnings to progressively benefit from more favorable biofuel policies in the U.S., capital deployments, Viterra-related synergies, and an eventual normalization of merchandising profits
** Including session's moves, ADM and BG up 18.7% and 4% YTD respectively
(Reporting by Sumit Saha in Bengaluru)
((Sumit.Saha@thomsonreuters.com;))
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