Lake Street Downgrades MGP Ingredients to Hold, Announces $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Ben Klieve has downgraded MGP Ingredients (NASDAQ:MGPI) from Buy to Hold, setting a price target of $75.
October 18, 2024 | 1:11 pm
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Lake Street analyst Ben Klieve downgraded MGP Ingredients from Buy to Hold, with a new price target of $75.
The downgrade from Buy to Hold by Lake Street suggests a less optimistic outlook for MGP Ingredients, which could lead to a short-term negative impact on the stock price. The $75 price target indicates limited upside potential.
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