TD Cowen lowered the firm’s price target on MGP Ingredients to $105 from $140 and keeps an Outperform rating on the shares. The firm the weakness is a buying opportunity and believes guidance is conservative and more than achievable.
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Read More on MGPI:
- MGP Ingredients Reports Strong Fourth Quarter and Full Year 2023 Results
- MGP Ingredients sees 2024 adjusted EPS $6.12-$6.23, consensus $6.12
- MGP Ingredients reports Q4 adjusted EPS $1.64, consensus $1.36
- MGP Ingredients Declares $0.12 Quarterly Dividend
- Mgp Ingredients (MGPI) Q4 Earnings Cheat Sheet
