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MGP Ingredients price target lowered to $45 from $50 at Roth MKM

MGP Ingredients price target lowered to $45 from $50 at Roth MKM

Roth MKM lowered the firm’s price target on MGP Ingredients (MGPI) to $45 from $50 but keeps a Buy rating on the shares. Following the company’s Q4 results and FY25 guidance, the firm is taking a more conservative view of how the company sales and gross margin will recover, the analyst tells investors in a research note. Roth adds however that it still expects 2026 results to show improvement over 2025, the firm added.

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