Barclays Upgrades Ingredion to Overweight, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Theurer has upgraded Ingredion (NYSE:INGR) from Equal-Weight to Overweight and raised the price target from $122 to $145.
August 09, 2024 | 11:14 am
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Barclays analyst Benjamin Theurer has upgraded Ingredion from Equal-Weight to Overweight and raised the price target from $122 to $145.
The upgrade from Equal-Weight to Overweight and the significant increase in the price target from $122 to $145 by Barclays is a strong positive signal for investors. This suggests that Barclays sees substantial upside potential in Ingredion's stock, which is likely to drive short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100