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Darling Ingredients price target raised to $60 from $50 at BofA

BofA analyst Conor Fitzpatrick raised the firm’s price target on Darling Ingredients (DAR) to $60 from $50 and keeps a Buy rating on the shares. A combination of margin momentum and catalysts that could contribute hundreds of millions in additional EBITDA “calls for significant remaining upside to biofuels stocks from here,” the analyst tells investors.

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