BMO Capital Maintains Market Perform on Ingredion, Lowers Price Target to $117
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Andrew Strelzik has maintained a 'Market Perform' rating on Ingredion (NYSE:INGR) and lowered the price target from $125 to $117.
August 09, 2023 | 2:36 pm
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BMO Capital has maintained its 'Market Perform' rating on Ingredion and lowered the price target from $125 to $117.
The lowering of the price target by BMO Capital indicates a less optimistic outlook for Ingredion's stock in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100