Darling Ingredients price target raised to $120 from $115 at Stifel

Stifel raised the firm’s price target on Darling Ingredients to $120 from $115 and keeps a Buy rating on the shares after having hosted an investor event with several members of senior management at Darling’s facilities in Belgium. Following the facility tours, the firm is "increasingly constructive" on the underlying operating conditions of the core rendering business and the successful integration of Gelnex, the analyst tells investors.