Citigroup Initiates Coverage On Darling Ingredients with Neutral Rating, Announces Price Target of $49
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer has initiated coverage on Darling Ingredients (NYSE:DAR) with a Neutral rating and set a price target of $49.

February 01, 2024 | 11:54 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup initiated coverage on Darling Ingredients with a Neutral rating and a price target of $49.
The initiation of coverage by Citigroup with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, a Neutral rating suggests that Citigroup does not see significant upside or downside in the near term, which is why the impact score is neutral. The importance is rated high due to the influence of analyst ratings on investor perception, but not at the maximum because the rating is neutral rather than positive or negative. The confidence level is high due to the clear and direct nature of the analyst's action.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100