UBS analyst Manav Gupta initiated coverage of Green Plains with a Buy rating and $45 price target. Gupta believes producing Ultra-high protein that trades at significant premium to DDG and soybean meal and improving Corn Oil yield by 50% are the two biggest opportunity sets for Green Plains, as they are somewhat unique as they are associated with successful implementation of the patented Fluid Quip Technologies, the analyst tells investors in a research note.
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