BMO Capital raised the firm’s price target on Green Plains (GPRE) to $15 from $14 and keeps a Market Perform rating on the shares as part of a broader research note adjusting the firm’s models on Agribusiness & Protein commodities. The firm is updating its feedstock prices, higher energy costs, and recovery in U.S. beef margins in March from temporarily depressed Feb levels, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPRE:
- White House preparing E15 waiver for summer gasoline sales, Bloomberg says
- Green Plains upgraded to Overweight at Stephens on confidence in new leadership
- Green Plains upgraded to Overweight from Equal Weight at Stephens
- Green Plains Earnings Call Highlights Carbon-Fueled Turnaround
- Green Plains price target raised to $16 from $14 at Oppenheimer
