Laurence Alexander, an analyst from Jefferies, maintained the Buy rating on Green Plains (GPRE – Research Report). The associated price target was lowered to $14.00.
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Laurence Alexander has given his Buy rating due to a combination of factors that suggest potential for future growth and profitability for Green Plains. Despite recent challenges with ethanol margins and a notable miss in their Q4 earnings per share, the company’s strategic transition towards carbon capture and sequestration (CCS) and higher protein products is expected to drive long-term profitability. The CCS initiative is particularly promising, with anticipated significant contributions to EBITDA from the latter half of 2025, offering a supportive catalyst for share prices.
Additionally, Green Plains is implementing substantial cost-saving measures and is working on eliminating all term debt by 2025, which should improve their financial standing. The company is also expanding its market reach by exporting high-protein products to South America and advancing its renewable corn oil and clean sugar production. These steps are positioned to strengthen the company’s market position and profitability, underpinning Alexander’s Buy rating.
According to TipRanks, Alexander is an analyst with an average return of -0.7% and a 48.16% success rate. Alexander covers the Basic Materials sector, focusing on stocks such as Eastman Chemical, FMC, and Celanese.
In another report released today, Craig-Hallum also maintained a Buy rating on the stock with a $13.00 price target.