Craig-Hallum analyst Eric Stine raised the firm’s price target on Green Plains to $49 from $44 and keeps a Buy rating on the shares. While improved from Q3, Green Plains reported mixed Q4 results including EBITDA and EPS below expectations, the firm says. Craig-Hallum views Q4 as the latest example of why Green Plains is undertaking its Total Transformation plan to move from a traditional ethanol to a sustainable biorefinery platform.
Published first on TheFly
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