Raymond James lowered the firm’s price target on Darling Ingredients (DAR) to $60 from $65 and keeps a Strong Buy rating on the shares. Darling Ingredients’ legacy business lines provide long-term advantages for its sustainable fuels business, driving meaningful integration value over time, despite a tough macro backdrop, the analyst tells investors in a research note. The firm expects a recovery in the business and trading multiple into the second half of 2025.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAR:
- DAR Earnings this Week: How Will it Perform?
- Darling Ingredients price target lowered to $44 from $45 at Citi
- 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