Darling Ingredients price target lowered to $47 from $53 at Jefferies

Jefferies analyst Dushyant Ailani lowered the firm’s price target on Darling Ingredients to $47 from $53 and keeps a Buy rating on the shares. Management reiterated its full year guidance and set the tone for a constructive 2025, driving the stock higher, the analyst tells investors in a research note. The firm added that it remains constructive on the name longer term, and that its price target is lower due to a lower multiple.