Lake Street downgraded MGP Ingredients (MGPI) to Hold from Buy with a price target of $75, down from $135.
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- Closing Bell Movers: Netflix gains 5% as Q3 earnings, Q4 guidance top estimates
- MGP Ingredients sees Q3 EPS $1.29, consensus $1.44
- MGP Ingredients sees FY24 EPS 5.55-$5.65, consensus $6.24
- Roth MKM sees MGP Ingredients with ‘steady fundamentals’ in Q3
- MGP Ingredients price target lowered to $95 from $125 at Truist