Wedbush Reiterates Outperform on MGP Ingredients, Maintains $135 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Gerald Pascarelli reiterates an Outperform rating on MGP Ingredients (NASDAQ:MGPI) and maintains a $135 price target.
February 15, 2024 | 1:48 pm
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Wedbush analyst Gerald Pascarelli reaffirmed an Outperform rating on MGP Ingredients, with a steady price target of $135.
The reiteration of an Outperform rating and the maintenance of a $135 price target by a reputable analyst like Gerald Pascarelli suggests a strong confidence in MGP Ingredients' future performance. This positive outlook is likely to influence investor sentiment positively in the short term, potentially driving the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100