B of A Securities Maintains Buy on Green Plains, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Steve Byrne has maintained a Buy rating on Green Plains (NASDAQ:GPRE) but lowered the price target from $29 to $26.

May 07, 2024 | 11:37 am
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B of A Securities maintains a Buy rating on Green Plains but lowers the price target from $29 to $26.
While the maintenance of a Buy rating by B of A Securities indicates continued confidence in Green Plains' fundamentals, the reduction in the price target from $29 to $26 could reflect adjustments in valuation metrics or near-term headwinds. This mixed signal might lead to short-term market uncertainty around GPRE's stock, but the overall positive stance suggests underlying strength.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100