Jefferies Maintains Buy on Darling Ingredients, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Lloyd Byrne maintains a Buy rating on Darling Ingredients (NYSE:DAR) but lowers the price target from $47 to $44.
October 07, 2024 | 5:19 pm
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Jefferies analyst Lloyd Byrne maintains a Buy rating on Darling Ingredients but lowers the price target from $47 to $44, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Darling Ingredients' potential, but the lowered price target reflects a slightly reduced expectation of its short-term performance. This could lead to a neutral impact on the stock price as the positive Buy rating balances the negative of a lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100