BMO Capital Maintains Market Perform on Ingredion, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has maintained a Market Perform rating on Ingredion (NYSE:INGR) and raised the price target from $117 to $120.
May 09, 2024 | 2:57 pm
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BMO Capital maintains a Market Perform rating on Ingredion and raises the price target from $117 to $120.
The increase in price target by BMO Capital suggests a positive outlook on Ingredion's stock performance in the short term. This adjustment reflects an analyst's confidence in the company's ability to perform at or above market expectations, potentially leading to a positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90