BMO Capital lowered the firm’s price target on Green Plains (GPRE) to $7 from $8 and keeps a Market Perform rating on the shares. The company’s Q1 EBITDA of negative $24M missed consensus, reflecting weaker ethanol margins, however Nebraska carbon capture project remains on track for Q4 startup, execution against cost savings is underway, and Green Plains indicated forward curves imply positive EBITDA for balance of 2025, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPRE: