Darling Ingredients price target lowered to $73 from $79 at Cowen

Cowen analyst Jason Gabelman lowered the firm’s price target on Darling Ingredients to $73 from $79 and keeps a Market Perform rating on the shares. The analyst said while he keeps his rating, he sees a near-term tactical opportunity to buy the stock into 4Q earnings as FY23 EBITDA guidance should alleviate some key investor concerns.