Jefferies analyst Dushyant Ailani lowered the firm’s price target on Darling Ingredients to $70 from $71 and keeps a Buy rating on the shares. The analyst expects alternative energy names the firm covers to “muddle through in ’24,” with pockets of opportunities in the second half as potential interest rate cuts provide tailwinds for the solar names, though the firm sees “very few catalysts” for biofuels.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DAR:
- Darling Ingredients price target lowered to $120 from $123 at Stifel
- Darling Ingredients Inc. Statement on Fiscal Year 2023 Earnings
- Darling Ingredients issues statement on Q4 earnings
- Darling Ingredients price target lowered to $50 from $55 at Stephens
- Darling Ingredients price target lowered to $55 from $57 at Piper Sandler