Stifel Reiterates Buy on Darling Ingredients, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has reiterated a Buy rating on Darling Ingredients (NYSE:DAR) but has lowered the price target from $120 to $95.

March 06, 2024 | 3:21 pm
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Stifel analyst Derrick Whitfield reiterated a Buy rating on Darling Ingredients but lowered the price target from $120 to $95.
While the reiteration of a Buy rating suggests continued confidence in Darling Ingredients' fundamentals and growth prospects, the reduction in price target could reflect adjustments in valuation metrics, market conditions, or company-specific factors. This mixed signal might lead to short-term uncertainty among investors, potentially causing minor fluctuations in the stock price. However, the overall positive outlook remains intact, indicating a neutral to slightly positive impact in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100