Darling Ingredients price target lowered to $50 from $55 at Stephens

Stephens analyst Ben Bienvenu lowered the firm’s price target on Darling Ingredients to $50 from $55 and keeps an Equal Weight rating on the shares ahead of the company’s Q4 earnings report. The firm thinks Q4 will be “another challenging quarter for the company,” and is revising estimates lower accordingly, the analyst tells investors.