Canaccord Genuity Raises PT on Darling International (DAR); Getting (Animal) Fat & Happy
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Price: $65.74 -3.1%
Rating Summary:
22 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
22 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity maintains a 'Hold' on Darling International (NYSE: DAR), raises PT from $15 to $18.
Canaccord analyst says, "The Darling-Griffin merger is producing much better than expected profitability early on in a very bullish commodity environment, even as cost rationalization efforts remain early. While near-term expectations should reflect current pricing tailwinds and further operational optimization efforts, longer-term consistency in pricing and volume trends bear monitoring."
For more ratings news on Darling International click here and for the rating history of Darling International click here.
Shares of Darling International closed at $17.23 yesterday.
Canaccord analyst says, "The Darling-Griffin merger is producing much better than expected profitability early on in a very bullish commodity environment, even as cost rationalization efforts remain early. While near-term expectations should reflect current pricing tailwinds and further operational optimization efforts, longer-term consistency in pricing and volume trends bear monitoring."
For more ratings news on Darling International click here and for the rating history of Darling International click here.
Shares of Darling International closed at $17.23 yesterday.
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