Stephens analyst Ben Bienvenu maintains an Equal Weight rating on Green Plains after the company reported Q4 results and said its $37 price target and its estimates are under review. Q4 results showed margin pressure, but to a larger extent than the firm was expecting, said Stephens, which expects management to provide added commentary on the progress of the transformation and the corresponding level of EBITDA in FY23 on the company’s earnings call.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on GPRE:
- Green Plains reports Q4 EPS (66c), consensus (25c)
- Green Plains spikes over 10% after investor Ancora urges ‘full sale’
- United Airlines, Green Plains form Joint Venture for ethanol aviation fuel
- Green Plains holder Ancora urges company for ‘full sale’ for shareholder value
- Green Plains downgraded to Equal Weight from Overweight at Stephens
