Barclays analyst Benjamin Theurer lowered the firm’s price target on Benson Hill to $3 from $5 and keeps an Overweight rating on the shares post the Q4 results. Adjusting for the Fresh business divestiture and preliminary results released early February, actual results came in right at target, the analyst tells investors in a research note. Management expects a strong 2023, and announced a plan to focus on increased capital return, adds the firm.
Published first on TheFly
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