BMO Capital Maintains Market Perform on Ingredion, Raises Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik maintains a Market Perform rating on Ingredion (NYSE:INGR) and raises the price target from $120 to $128.
August 07, 2024 | 2:55 pm
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BMO Capital analyst Andrew Strelzik maintains a Market Perform rating on Ingredion and raises the price target from $120 to $128.
The raised price target from $120 to $128 by BMO Capital suggests a positive outlook for Ingredion, which could lead to a short-term increase in stock price. However, the Market Perform rating indicates that the stock is expected to perform in line with the market, tempering the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100