Stifel Maintains Buy on Darling Ingredients, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield maintains a Buy rating on Darling Ingredients (NYSE:DAR) but lowers the price target from $95 to $90.

April 08, 2024 | 12:41 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Darling Ingredients but lowers the price target from $95 to $90.
While the reduction in price target could suggest a slightly less optimistic outlook on Darling Ingredients' short-term price potential, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals and long-term prospects. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100