Stifel Maintains Buy on Darling Ingredients, Lowers Price Target to $123
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has maintained a Buy rating on Darling Ingredients (NYSE:DAR) but has reduced the price target from $130 to $123.

November 27, 2023 | 5:25 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Darling Ingredients but lowers the price target from $130 to $123, indicating a positive outlook with a slightly reduced growth expectation.
The maintenance of a Buy rating suggests that Stifel continues to have a positive outlook on Darling Ingredients' stock. However, the reduction in the price target could reflect a minor adjustment in growth expectations or market conditions, which may have a neutral to slightly negative short-term impact on the stock price as it adjusts to the new target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100