Stifel Maintains Buy on Darling Ingredients, Lowers Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on Darling Ingredients (NYSE:DAR) but lowered the price target from $120 to $118.
August 22, 2023 | 1:25 pm
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NEUTRAL IMPACT
Darling Ingredients' price target has been lowered from $120 to $118 by Stifel, though the 'Buy' rating is maintained.
While the lowering of the price target might initially seem negative, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100