Truist lowered the firm’s price target on Green Plains (GPRE) to $12 from $18 and keeps a Buy rating on the shares. The firm, which is adjusting estimates to reflect Q4 results and a revised outlook, says an uplift in earnings has “failed to materialize thus far” amid the company’s efforts to diversify away from baseline ethanol volatility. Ethanol and protein markets being what they are, the two main focus points for the story in 2025 will be execution on the $50M in planned cost cuts and the start-up of the Nebraska CCUS project in the second half, the analyst added.
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