Roth Capital Starts Darling International (DAR) at Buy
Get Alerts DAR Hot Sheet
Rating Summary:
22 Buy, 6 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 8
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Roth Capital initiates coverage on Darling Ingredients (NYSE: DAR) with a Buy rating and a price target of $21.00.
Analyst commented, "We see Darling as well positioned to benefit from EPA's expected release of '14-'17 biodiesel RVOs which should have direct and indirect impacts. The DGD-JV with Valero likely has a rapid benefit on RIN price strength. Longer-term positives from growth support for biodiesel helps rendered fats demand and should lift and stabilize clearing prices for rendered fats products. Integration, restructuring, and core growth projects should all show 2015 progress."
For an analyst ratings summary and ratings history on Darling International click here. For more ratings news on Darling International click here.
Shares of Darling International closed at $15.46 yesterday.
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