Citi lowered the firm’s price target on Darling Ingredients (DAR) to $44 from $45 and keeps a Buy rating on the shares. The firm sees a challenging set up into earnings for the agricultural products companies. Earnings downside is more likely than upside and the companies could lay out incrementally more cautious forward outlooks than were discussed a quarter ago, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAR:
- Darling Ingredients price target lowered to $41 from $51 at Baird
- Darling Ingredients has ‘minimal exposure’ to exports impacted by tariffs
- Hold Rating for Darling Ingredients Amidst Lowered Earnings Projections and Regulatory Uncertainties
- Darling Ingredients Elects Soren Schroder to Board
- GreenGasUSA, Darling Ingredients celebrate first Dublin RNG pipeline delivery
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue