Benson Hill price target lowered to $4.50 from $7 at Lake Street

Lake Street analyst Ben Klieve lowered the firm’s price target on Benson Hill to $4.50 from $7 and keeps a Buy rating on the shares. Q4 results fell in line with pre-released figures, but a "number of converging dynamics are bringing down expectations in the near to mid-term," the firm said. However, Lake Street adds that it continues to believe Benson Hill shares are undervalued.