Jefferies raised the firm’s price target on Darling Ingredients (DAR) to $46 from $44 and keeps a Buy rating on the shares. The company offered “soft” 2025 guidance of $1.5B in EBITDA versus the consensus of $1.47B, the analyst tells investors in a research note. However, the firm sees a positive set up for Darling going into 2025 due to “multiple tailwinds,” including rising feedstock pricing and improving credit pricing.
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Read More on DAR:
- Darling Ingredients reports Q3 GAAP EPS 11c, consensus 40c
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