Baird analyst Ben Kallo raised the firm’s price target on Darling Ingredients to $108 from $102 and keeps an Outperform rating on the shares. The analyst said management discussions supported our view that Darling is an undervalued growth company within our coverage. It is our favorite way to play both the renewable fuels and agriculture space, and we believe shares will appreciate as the company continues to execute on its many growth opportunities.
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Published first on TheFly
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Read More on DAR:
- Darling Ingredients target raised to $115, added to ‘Select List’ at Stifel
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