Stifel analyst Derrick Whitfield lowered the firm’s price target on Darling Ingredients to $116 from $118 and keeps a Buy rating on the shares, which remain on the firm’s "Select List." The firm is lowering its estimates to reflect the softening of waste feedstocks in Q1, but the response to earnings "seems overdone" and the firm said its conviction in Darling’s core growth businesses "remains strong."
Published first on TheFly
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