Stephens analyst Pooran Sharma upgraded Green Plains (GPRE) to Overweight from Equal Weight with a price target of $17, up from $10. New leadership has brought a “laser focus on operational execution,” says the analyst, who is confident in the sustainability of Green Plains’ earnings inflection given how management has demonstrated an ability to execute on 45Z-related opportunities. The firm sees the company being set up for “a meaningful and sustainable step-change in earnings that can persist for several years,” the analyst added.
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Read More on GPRE:
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