REX American Resources price target lowered to $65 from $70 at Truist

Truist lowered the firm’s price target on REX American Resources to $65 from $70 but keeps a Buy rating on the shares. The company’s ability to drive solid operational and financial results in a sub-par ethanol crush environment were evident again in Q1, the analyst tells investors in a research note. Together with its debt-free balance sheet, this will will come to significantly benefit shareholders as One Earth CCUS pipeline efforts progress, the firm added.