JP Morgan Maintains Overweight on Darling Ingredients, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Thomas Palmer has maintained an Overweight rating on Darling Ingredients (NYSE:DAR) but lowered the price target from $91 to $76.
October 19, 2023 | 6:53 pm
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JP Morgan has maintained an Overweight rating on Darling Ingredients but lowered the price target from $91 to $76.
The news is directly related to Darling Ingredients. While the Overweight rating is positive, the lowering of the price target might have a neutral to slightly negative impact on the stock in the short term as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100