Truist Securities Reiterates Buy on MGP Ingredients, Maintains $125 Price Target
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Bill Chappell has reiterated a 'Buy' rating on MGP Ingredients (NASDAQ:MGPI) and maintained a price target of $125.
July 14, 2023 | 3:45 pm
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Truist Securities has reiterated a 'Buy' rating on MGP Ingredients and maintained a price target of $125.
The reiteration of a 'Buy' rating by Truist Securities indicates a positive outlook for MGP Ingredients. The maintained price target of $125 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100