Citigroup Maintains Neutral on Darling Ingredients, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer has maintained a Neutral rating on Darling Ingredients (NYSE:DAR) and lowered the price target from $49 to $46.

February 29, 2024 | 4:53 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Darling Ingredients and reduced the price target from $49 to $46.
The reduction in the price target by Citigroup, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Darling Ingredients. The Neutral rating suggests that the analyst sees limited upside or downside potential, but the lowering of the price target is a negative signal that could impact investor confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100